Ethereum failed to surpass $2,600 and started a fresh decline against the US Dollar. ETH price is holding the $2,400 support, but it is likely to face sellers near $2,550.
- Ethereum made two attempts to gain strength above $2,625, but failed.
- The price is now trading well below $2,550 and the 100 hourly simple moving average.
- There was a break below a key rising channel with support near $2,520 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair mut stay above $2,400 to avoid more downsides […]
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