Ethereum started another decline from the $3,030 resistance against the US Dollar. ETH even spiked below $2,800 and currently attempting an upside correction.
- Ethereum started a major decline below the $2,950 and $2,860 support levels.
- The price is now trading below $2,950 and the 100 hourly simple moving average.
- There is a key bearish trend line forming with resistance near $2,910 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair must stay above the $2,800 support to start…
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