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Ethereum price started a downside correction from $2,150. ETH must clear the $2,120 and $2,150 resistance levels to continue higher. Ethereum started a downside correction below the $2,125 zone. The price is trading above $2,100 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,110 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,150 zone. Ethereum Price Holds Support Ethereum price failed to stay above the $2,145 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $2,120 and $2,110 levels. The bears pushed the price below the 38.2% Fib retracement level of the upward move from the $2,001 swing low to the $2,147 high. However, the bulls were active near the $2,065 level. Besides, there is a bearish trend line forming with resistance at $2,110 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,100 and the 100-hour