Ethereum Price Technical Analysis – ETH/USD Slides Below $680

Key HighlightsETH price extended declines and it recently traded below the $680 support against the US Dollar.
There is a major connecting bearish trend line forming with resistance at $720 on the hourly chart of ETH/USD (data feed via SimpleFX).
The pair may not even correct higher and it is likely to extend declines below the $650 level.Ethereum price declined substantially against the US Dollar and Bitcoin. ETH/USD may continue to decline and it could even test the $600 level.
Ethereum Price