Ethereum Price Analysis: ETH/USD Nosedives Below $150 Support

Key HighlightsETH price failed to recover and declined below the $150 level declined against the US Dollar.
There is a short term bearish trend line in place with resistance at $150 on the hourly chart of ETH/USD (data feed via Kraken).
The pair traded to multi month low and it could continue to move down below $140.Ethereum price fell sharply against the US Dollar and bitcoin. ETH/USD broke the $150 support and it is currently consolidating losses.
Ethereum Price Analysis
Yesterday, we saw a ma