Ethereum Price Weekly Analysis: ETH Could Accelerate Losses Below $121

ETH price declined heavily this past week below the $146 and $130 supports against the US Dollar.
There is a crucial bearish trend line formed with resistance at $138 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair remains at a risk of more losses if sellers push the price below $121 and $120 in the near term.Ethereum price is trading in a bearish zone versus the US Dollar and Bitcoin. ETH/USD could accelerate losses towards $112 or $108 if there is a break below $121.
Ethereum