Ethereum extended losses below the $1,850 support against the US Dollar. ETH could decline further if there is a clear move below the $1,800 level.
- Ethereum started a fresh decline from the $1,950 resistance zone.
- The price is now trading below $1,900 and the 100 hourly simple moving average.
- There is a major bearish trend line forming with resistance near $1,920 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could gain bearish momentum if there is a clear move below the…
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