Ethereum is down more than 10% from the $190 swing high against the US Dollar. ETH price is currently consolidating above $165 and facing key hurdles near the 100 hourly SMA.
Ethereum declined sharply below the $175 support and tested the $165 zone.
The price is currently consolidating losses and it might correct towards $175.
There is a key bearish trend line forming with resistance near $176 on…