Ethereum Price Ranges Under $3K—Is Direction About to Change?

Ethereum price started a fresh decline below $3,000. ETH is now consolidating and might soon aim to start a recovery wave if it clears $3,025.Ethereum started a fresh decline below the $3,050 zone.
The price is trading below $3,000 and the 100-hourly Simple Moving Average.
There is a connecting bearish trend line forming with resistance at $3,110 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move down if it settles below the $2,900 zone.Ethereum Price Starts C