Ethereum Technical Analysis: ETH/USD squeezed below key near-term support
Ethereum price is nursing losses in the session on Thursday, down some 3.7% ETH/USD bulls were pressed lower and forced to breach a near-term ascending trend line. Spot rate: 118.95 Relative change: -3.70% High: 124.00 Low: 115.81 Trend: Bearish Support 1: 113.12, daily pivot point support. Support 2: 103.52, daily pivot point support.