ETH Falls 1.80% to $2,514 and Tests Support Levels
- —ETH trades below its 7-, 15-, 30- and 50-day SMAs; RSI at 43.6, MACD bearish
- —Daily volume of $9.8 billion is 28.01% below the 30-day average
- —Ethereum Foundation sent $11.1 million in ETH to Kraken; sale unconfirmed
- —Price remains above the 90- and 200-day SMAs, with 90-day return at 31.11%
Why it matters: Weak volume and the Kraken transfer weigh on ETH, but the longer-term trend holds — confirmation of Foundation selling is the key risk.
Source: DiarioBitcoin