Ethereum Price Attempts Bounce While $3,000 Separates Bulls And Bears

Ethereum price started a fresh decline from the $3,000 resistance. ETH is now consolidating losses and might aim for a recovery if it clears $3,120.Ethereum started another decline and traded below $2,920.
The price is trading below $3,050 and the 100-hourly Simple Moving Average.
There was a break above a key bearish trend line with resistance at $3,000 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase if it stays above the $2,900 zone.Ethereum Price A