TA: Ethereum Stuck In Key Range, Why $1,480 Is The Key

Ethereum failed again to settle above the $1,620 zone against the US Dollar. ETH is sliding and might struggle to stay above the $1,480 support.Ethereum started another decline after there was a false break above $1,620.
The price is now trading below $1,560 and the 100 hourly simple moving average.
There is a key bullish trend line forming with support near $1,500 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could start a fresh increase unless there is a clear move below the