Ethereum Price (ETH) Tumbles 10%, Following Bitcoin’s Footsteps

ETH price started a strong decline after it failed to surpass the $210 resistance against the US Dollar. There was a break below the key $200 and $190 support levels. Yesterday’s highlighted key bearish trend line is intact with resistance near $206 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently consolidating losses above $185 and remains at a risk of more downsides.

Ethereum price is down more than 10% versus the US Dollar, following bitcoin price slide....

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