Ethereum Price Analysis: ETH/USD settles in a new range

Ethereum Price Analysis: ETH/USD settles in a new range

ETH/USD has settled in a new range. Pivotal resistance is created by $159.30. ETH/USD dropped from a seven-week range at the end of November. A sustainable move below $159.30 took the coin to a new tight channel limited by $158.00 on the upside and $132.00 on the downside.