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PRICE ANALYSIS ETH/USD 16/07/2020

The ETH/USD price trades at 237.90 and tries to approach the resistance level of 240, which so far has been difficult to achieve if the price passes above it will go to the resistance level of 242 and with a bullish impulse the price can test resistance levels around 244-245 in the nearest trading sessions.
Otherwise, if the support level at 235 will confidently pass in the south direction, then the price may fall in the area of 230 and below.

ETH/USD H4 chart

Day trade range expected minimum : $ 230,10 – 239,80/240

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