Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH retested $1,255 and remains at a risk of more losses.
- Ethereum started another decline after it failed to clear the $1,375 zone.
- The price is now trading below $1,320 and the 100 hourly simple moving average.
- There is a key bearish trend line forming with resistance near $1,300 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could decline sharply if it stays…
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