Ethereum is down around 2% and it tested the $125 support zone against the US Dollar. The price is currently consolidating above $125 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance near $128 on the hourly chart of ETH/USD (data feed via Kraken). A clear break below the $124 low could set the pace for more losses towards $120 and $118. Ethereum Price Gaining Bearish Momentum After struggling to stay above the $135 zone, Ethereum started a fresh decline against the US Dollar. ETH price gained bearish momentum and broke the $130 support level. There was a close below ... (full story)