Ethereum Is Under Pressure to Bounce; Can It Overcome the Resistance at $150 and $160?

Ethereum Is Under Pressure to Bounce; Can It Overcome the Resistance at $150 and $160?

Ethereum is out of the lower levels of price as it breaks the resistance at $150. Ethereum is expected to trade within the range-bound zones. Ethereum is struggling at the bottom of the chart after sinking to $136. Unexpectedly, ETH moved up to a high of $156 but the selling pressure made it to slide back to $144.