Ethereum Price Technical Analysis – ETH/USD Breaks Key Support

Key Highlights
ETH price struggled to remain above the $455-460 support area against the US Dollar.
There was a break below yesterday’s highlighted key contracting triangle with support at $458 on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair is now below $455 and the 100 hourly simple moving average, which is a short-term bearish sign.
Ethereum price traded lower against the US Dollar and Bitcoin. ETH/USD is now below the $455-460 support and is under bearish pressure.
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