The price of Ethereum has been severely damaged. It has plunged through the key support level of $2,461 and sank below the 50-day Exponential Moving Average (EMA). Ethereum now finds itself in a precarious position. After experiencing over a 13% weekly decline, the bearish momentum has strengthened. Even more indicative...
ETH ethereum has crashed spectacularly in recent days and broke under the $2,500 support level. This downturn has sparked concerns among investors about whether this signals the beginning of a longer-term bearish trend for ETH and the broader cryptocurrency market. A variety of factors, from macroeconomic events to specific on-chain...
With Ethereum’s market dominance approaching historic lows, nerves are starting to creep into the investor base as Ethereum’s price heads back towards testing the $1,100 support level. The second-largest cryptocurrency by market capitalization is struggling not only with a growing competitive threat, but with a highly bearish technical outlook. This...
