Ethereum Price Analysis: ETH In Trouble, Risk of Breakdown Below $100

ETH price failed to bounce back and declined below the $108 and $104 supports against the US Dollar.
Yesterday’s highlighted key bearish trend line is intact with resistance at $110 on the hourly chart of ETH/USD (data feed via Kraken).
The pair tested the $100 support area once and it corrected above the $104 resistance level.Ethereum price declined heavily with bearish moves against the US Dollar and bitcoin. ETH/USD is under a lot of pressure and it seems like sellers could attempt to