Ethereum Price Breaks Under $3K, Charts Flash Fresh Warnings

Ethereum price started a fresh decline from the $3,200 resistance. ETH is now consolidating losses and is at risk of more losses below $2,880.Ethereum started a sharp downside correction below $3,000.
The price is trading below $3,000 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance at $3,020 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase if it stays above the $2,880 zone.Ethereum Price Dips Over 5%