Ethereum extended losses below the $1,400 support against the US Dollar. ETH is consolidating and might recover if there is a clear move above $1,340 resistance. Ethereum started a major decline below the $1,400 and $1,350 levels. The price is now trading below $1,400 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair is down over 10% and is currently consolidating losses near $1,300. Ethereum Price Dives Over 10% Ethereum started a major decline from well above the $1 ...
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