Ethereum Price Attempts Recovery—Can It Break $2,500?

Ethereum price started a fresh decline from the $2,550 resistance zone. ETH is down over 10% and now attempts a recovery wave from the $2,300 zone. Ethereum is facing an increase in selling below the $2,550 zone. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance at $2,500 on the hourly chart of ETH/USD... source: https://www.newsbtc.com/analysis/eth/ethereum-price-attempts-recovery-2500/