Ethereum Price Analysis: ETH Remains In Downtrend, Could Test $100

Key HighlightsETH price declined further and broke the $121 support area against the US Dollar.
There are two bearish trend lines formed with resistance near $121 on the hourly chart of ETH/USD (data feed via Kraken).
The pair may correct higher in the short term, but it remains a sell near the $120 and $121 levels.Ethereum price extended losses and declined below key supports against the US Dollar and bitcoin. ETH/USD may continue to move down and it could even test the $100 handle.
Ethereum Pr