Ethereum Price Technical Analysis – ETH/USD Decline Looks Real

Key HighlightsETH price faced a lot of selling pressure recently and declined below $810 against the US Dollar.
Yesterday’s highlighted major bearish trend line with current resistance at $820 is intact on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair may correct a few points in the short term, but it remains in a downtrend below $840.Ethereum price extended losses against the US Dollar and Bitcoin. ETH/USD declined as low as $776 and it is currently correcting higher towa