Ethereum Price Bearish Breakdown – Why Drop Isn’t Over Yet

Ethereum price gained bearish momentum below $1,860 against the US Dollar. ETH is showing a lot of bearish signs and might drop to $1,720.Ethereum is down over 4% and trading well below $1,900.
The price is trading below $1,840 and the 100-hourly Simple Moving Average.
There was a break below a connecting bullish trend line with support near $1,900 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move down toward the $1,720 and $1,700 levels.Ethereum Price Drops