Ethereum Price Analysis: ETH/USD Moving Lower Within Range

Key HighlightsETH price failed to gain traction above $292-295 and declined recently against the US Dollar.
This week’s followed important bearish trend line is still in place with resistance near $288 on the hourly chart of ETH/USD (data feed via Kraken).
The pair has to break the $288 and $290 resistance levels to gain momentum in the near term.Ethereum price is facing crucial hurdles against the US Dollar and bitcoin. ETH/USD buyers must gain traction above $290 to push the price higher