Ethereum Price Weekly Analysis: ETH/USD Back in Downtrend

Key HighlightsETH price is under pressure and it could decline further below $448 in the near term against the US Dollar.
There is a significant bearish trend line formed with resistance near $510 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair is likely to extend its decline as long as the price is below the $510 level.Ethereum price is declining versus the US Dollar and Bitcoin. ETH/USD remains at a risk of more losses below the $460 and $450 levels.
Ethereum Price Resistance