Ethereum is trading in a range below $1,250 against the US Dollar. ETH could continue to move down below if it stays below the $1,220 resistance.
- Ethereum is still trading in a range below the $1,200 and $1,220 resistance levels.
- The price is now trading below $1,200 and the 100 hourly simple moving average.
- There is a key bullish trend line forming with support near $1,195 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair remains at a risk of a fresh decline if it stays…
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