TA: Ethereum Revisits $2.8K, Why Upsides Might Be Limited

Ethereum started another decline from the $3,030 resistance against the US Dollar. ETH even spiked below $2,800 and currently attempting an upside correction.Ethereum started a major decline below the $2,950 and $2,860 support levels.
The price is now trading below $2,950 and the 100 hourly simple moving average.
There is a key bearish trend line forming with resistance near $2,910 on the hourly chart of ETH/USD (data feed via Kraken).
The pair must stay above the $2,800 support to start a decen