Ethereum Price Looks Vulnerable Again After A Failed Recovery Attempt

Ethereum price started a downside correction from $1,720. ETH must clear the $1,670 and $1,700 resistance levels to continue higher. Ethereum started a downside correction below the $1,620 zone. The price is trading below $1,665 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,680 zone. Ethereum Price Resumes Decline Eth