Ethereum has fallen to its weakest trading level since April 2019 as selling pressure spreads across the broader cryptocurrency market. The ETHUSD pair has limited technical support until the $100.00 level if the $125.00 level is broken over the coming trading sessions. Going forward, bargain hunter may look to buy the ETHUSD pair as the second-largest cryptocurrency appears undervalued.
If the ETHUSD pair trades above the $150.00 level, key resistance is found at the $158.00 and $170.00 levels.
If the ETHUSD pair trades below the $150.00 level, key support is found at the $125.00 and $100.00 levels.