Ethereum has been rejected at the 100 SMA; the path of least resistance is downwards. ETH/USD is dealing with the absence of substantial support as highlighted by on-chain analysis. Ethereum is struggling to stay above the initial support at $340. Its immediate upside is capped by the 100-day Simple Moving Average. Recently support was established The post Ethereum Price Forecast: ETH On The Cusp Of Breakdown To $300 appeared first on Coingape.