Ethereum Price Technical Analysis – ETH/USD Remains at Risk

Key HighlightsETH price failed to move higher and it traded below the $862 support against the US Dollar.
There is a connecting bearish trend line forming with resistance at $865 on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair may correct a few points in the short term, but it could face sellers near $865-870.Ethereum price declined recently against the US Dollar and Bitcoin. ETH/USD now remains at a risk of more declines as long as it is below $865.
Ethereum Price Resistance
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