Ethereum Price Analysis: ETH/USD Trimmed Gains, Bearish Below $284
Key HighlightsETH price fell sharply and trimmed most of its gains above the $290 level against the US Dollar.
There is an important bearish trend line with resistance at $273 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is currently recovering and it is currently trading above the $271 pivot level.Ethereum price is trading with an increase in selling pressure against the US Dollar and bitcoin. ETH/USD could recover, but it may perhaps find hurdles near $280-284.
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