Ethereum Price Downtrend May Not Be Over—Sub-$1,700 Levels Loom

Ethereum price started a fresh decline and traded below $1,750. ETH is now consolidating below $1,750 and might continue to move down.Ethereum remained in a bearish zone after a fresh decline below $1,800.
The price is trading below $1,780 and the 100-hourly Simple Moving Average.
There is a bearish trend line forming with resistance at $1,750 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move down if it stays below the $1,820 zone.Ethereum Price Remains In Do