Ethereum Price Technical Analysis – Can ETH/USD Hold 100 SMA?

Key Highlights
ETH price is correcting lower from the $478 swing high against the US Dollar, but it remains supported.
There is a key contracting triangle forming with resistance near $478-480 on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair has to stay above the $450 support and the 100 hourly simple moving average to move back higher.
Ethereum price is correcting lower against the US Dollar and Bitcoin. ETH/USD has to stay above $440-450 and the 100 hourly SMA to remain in the