Markets· ★★· bearish·

ETH Falls 1.98% to $2,509.9 as Bearish MACD and Above-Average Volume Weigh

  • —ETH at $2,509.9 with a reported 1.98% daily drop
  • —Volume of $14.69 billion is 7.91% above the 30-day average
  • —Price below 7-, 15-, 30- and 50-day SMAs, MACD bearish
  • —Ethereum Foundation sent $11.1 million in ETH to Kraken
Why it matters: The break below short-term averages and a bearish MACD signal near-term weakness, though the 90- and 200-day SMAs still hold.
#ETH
Source: DiarioBitcoin
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