Ethereum is struggling to climb above $3,500 against the US Dollar. ETH price is moving lower and it could decline further below the $3,200 support zone
- Ethereum failed to clear the $3,450 level and started a fresh decline.
- The price is now trading well below $3,400 and the 100 hourly simple moving average.
- There is a major bearish trend line forming with resistance near $3,400 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could extend its decline if there is a clear…
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