Ethereum (ETH) Bulls Are Not out of Woods Yet

ETH price failed to clear the $170 resistance and extended losses against the US Dollar.
The price declined to a new weekly low at $155 before correcting above the $160 level.
There is a key bearish trend line in place with resistance at $166 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could dip again, but buyers are likely to take a strong stand near $155 or $150.Ethereum price extended losses recently versus the US Dollar and bitcoin. ETH might remain under pressure in the