Ethereum Price Analysis: ETH/USD fails at the $166.50 resistance line and falls down

Ethereum Price Analysis: ETH/USD fails at the $166.50 resistance line and falls down

This Tuesday, the price of ETH/USD jumped from $143.50 to $165.85. The MACD indicator shows increasing bullish momentum. ETH/USD bears have entered the market to correct the price following a heavily bullish Tuesday. This Tuesday, the price of the asset jumped from $143.50 to $165.85, before it fell to $161.40 in the early hours of Wednesday.