Ethereum’s price started a fresh decline from the $2,125 resistance zone. ETH gained bearish momentum after it broke the $2,000 support, similar to Bitcoin. The bears even pushed the price below the $1,950 support. A low is formed near $1,910 and the price is now consolidating losses. Ether is now trading below $1,960 and the 100-hourly Simple Moving Average. Immediate resistance is near the $1,950 zone.