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Ethereum Technical Analysis Report
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1 Articles
Ethereum Technical Analysis Report
Here is a technical analysis of ETH/USDT on a daily timeframe: Overall Market Trend On the daily chart, Ethereum is still in a downtrend. A few months ago, ETH was trading close to $4,900, but it has fallen to around $2,000. This means the price has dropped by more than 55–60% from the top. When we look at the chart, ETH is still making lower highs and lower lows, which is a clear sign that sellers are still stronger than buyers. Until the pric…
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