Ethereum Price (ETH) Resumes Decline, Bears Eye Fresh Lows

ETH price failed to surpass the key $215 resistance area and declined again against the US Dollar.
Ethereum price is now trading below the $214 level with a bearish angle.
Yesterday’s highlighted key ascending channel with support near $213 was breached on the hourly chart of ETH/USD (data feed via Kraken).
The pair is likely to extend its decline towards the $200 support area in the near term.Ethereum price is trading in a bearish zone versus the US Dollar and bitcoin. ETH price could co