Ethereum Price Analysis for March, 17th – ETH Still Looking Weak

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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH sales failed to limit themselves by just one day: the crypocurrency remains weak, dominated by the bears. On Tuesday, March 17th, it is generally trading at 117.55 USD. On H4, the ETH is having a little rest from the bearish phase. The last impulse of decline confidently overcame the support line of the descending channel, indicating the stability of the sellers’ mood. The quotations neared the key low of 80.86 USD but may only reach it after a pullback and a breakout of the local low of 89.80 USD. After the

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