Ethereum started a major decline below the $1,500 support against the US Dollar. ETH faced an increase in selling after the market dumped FTT, SOL, and DOGE.
- Ethereum started a major decline below the $1,550 and $1,500 levels.
- The price is now trading below $1,500 and the 100 hourly simple moving average.
- There is a major bearish trend line forming with resistance near $1,570 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair is down over 7% and…
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