Ethereum failed to clear the $445 resistance and declined below $420 against the US Dollar. ETH price is now approaching a major support zone near the $400 handle.
- Ethereum is down over 5% and it broke the $425 and $420 support levels.
- The price even settled below the $420 level and the 100 hourly simple moving average.
- There is a new bearish trend line forming with resistance near $420 on the…