Ethereum Price Flashes Bearish Bias, Bulls Lose Short-Term Control

Ethereum price failed to continue higher above $3,000 and dipped. ETH is now showing bearish signs and might slide further below $2,880.Ethereum started a fresh decline below $3,000 and $2,980.
The price is trading below $2,950 and the 100-hourly Simple Moving Average.
There was a break below a rising channel with support at $2,980 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move down if it settles below the $2,880 zone.Ethereum Price Faces Rejection
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