Ethereum Price Analysis: ETH/USD’s Massive Breakdown Below $100

Key HighlightsETH price seems to be approaching a massive breakdown below $100 against the US Dollar.
There is a crucial bearish trend line in place with resistance at $106 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is likely to break the $100 and $95 levels in the near term if sellers remain in action.Ethereum price is facing heavy selling pressure against the US Dollar and bitcoin. ETH/USD is likely to decline further as long as it is below $106 and $110.
Ethereum Price An