Ethereum Price Faces Challenges: Will It Find Traction Soon?

Ethereum price struggled to extend gains above the $3,220 resistance zone. ETH is slowly moving lower and approaching the $3,060 support. Ethereum is consolidating and facing hurdles near $3,200. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,070 on the hourly chart of ETH/USD (data feed via... source: https://www.newsbtc.com/analysis/eth/ethereum-price-challenges-3220/