Ethereum And Bitcoin Take Hit, ETH Eyes Dip To $120 or $115

Ethereum is down more than 2% and it is now well below $130 against the US Dollar.
Bitcoin price weakened around 3% and it broke the key $7,000 support.
Yesterday’s key bearish trend line is active with resistance near $131 on the hourly chart of ETH/USD (data feed via Kraken).
ETH could continue to move down towards the $122 and $120 support levels in the near term.Ethereum price is slowly moving lower below key supports versus the US Dollar, similar to bitcoin. ETH price might revisit $1