Ethereum remains under downside pressure on Friday, amidst declining trading volumes and historically low trading ranges. Until a sustained break from the $110.00 to $125.00 price range occurs, narrowing trading conditions are likely to persist for the second largest cryptocurrency. The $92.00 level is likely to be sellers immediate target if the $110.00 level is broken.
The ETHUSD pair is only bullish while trading above the $125.00 level, key resistance remains at the 140.00 and $158.00 levels.
If ETHUSD pair trades below the $110.00 level, key support is found at the $100.00 and 92.00 levels.
