Ethereum price Remains Subdued as expected

"As the cryptocurrency markets continue to truck along, it will be interesting to see what happens over the coming days. Despite some semi-bullish one-hour candle movements, the Ethereum price remains in the red. Retaking the $120 level should not pose any major problems, but it remains to be seen if that is a feasible approach. Especially the ETH/BTC will need to see some positive momentum pretty soon."