Ethereum Price Weekly Analysis: ETH/USD’s Bearish Trend Below $207

Key HighlightsETH price declined heavily and traded as low as $184.5 against the US Dollar.
There are two important bearish trend lines in place with resistance at $208 and $218 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair may correct higher, but there are many hurdles near $207 and $212 on the upside.Ethereum price is facing many barriers versus the US Dollar and Bitcoin. ETH/USD remains at a risk of more losses as long as it is below $212.
Ethereum Price Analysis
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