Ethereum Price Technical Analysis – ETH/USD Corrects Lower

Key Highlights
ETH price started a minor correction from the $337.65 swing high against the US Dollar.
There was a break below yesterday’s highlighted major bullish trend line with support at $326.50 on the hourly chart of ETH/USD (data feed via SimpleFX).
The price tested the $318 support area where appeared and protected further declines.
Ethereum price moved a few points down against the US Dollar and Bitcoin. ETH/USD is currently above $326 and facing hurdles on the upside.
Ethereum Pr