Ethereum Price Weekly Analysis – ETH/USD Bearish Below $870

Key HighlightsETH price declined recently and moved below the $860 support level against the US Dollar.
There is an expanding triangle forming with resistance at $870 on the 4-hours chart of ETH/USD (data feed via SimpleFX).
The pair may continue to decline as long as it is below the $870 resistance level.Ethereum price is struggling to move higher against the US Dollar and Bitcoin. ETH/USD could extend the current decline and it could even break $800.
Ethereum Price Decline
There was a major do