Ethereum ETH to $90????

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
As the market continues to bleed we see Ethereum struggling to hold its value. There is weak support at the current level and if this fails to hold, we will see a $90 ETH in the short term. If the support does holds as the RSI is showing oversold then we will consolidate between $123 and $175 for the next week or so. However it will take some major volume of positive news to change the market sentiment and help break above the strong residence