Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH traded below $1,300 and is showing bearish signs.
- Ethereum started another decline and traded below the $1,300 support.
- The price is now trading below $1,290 and the 100 hourly simple moving average.
- There was a break below a major bullish trend line with support near $1,290 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could continue to move down unless the price climbs above the…
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