Ethereum Price Sinks Under $3K—Is Volatility About to Explode?
Ethereum price started a fresh decline below $3,000. ETH is now consolidating and might soon aim to start a recovery wave above $2,980.Ethereum started a fresh decline from the $3,175 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 $3,120 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could continue to move down if it settles below the $2,920 zone.Ethereum Price Dips 5%
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