Ethereum (ETH) prices have been downward since the start of the week, with the second-largest cryptocurrency failing to latch onto Bitcoin’s (BTC) resurgence.

According to on-chain data, ETH’s outlook appears grim, with the asset failing to break from the $3,300 resistant level. Presently, ETH trades at the $3,155 mark, but technical analysts are pointing to a bear breakout formation on the c...