Markets· ★★· bearish·

ETHFI Drops 13.57% on October 15, Tests Key Support Levels

  • —ETHFI slid 13.57% to $0.6195 on $62.31 million in volume
  • —Volume ran 5.74% above the 30-day average
  • —Price is below SMA-7, SMA-30 and SMA-50 but above SMA-90 and SMA-200
  • —Stochastic at 8.9% and a break below the lower Bollinger Band signal oversold
Why it matters: The selloff came on elevated volume with no confirmed catalyst, so holders should watch for a reclaim of VWAP and the SMA-50.
#ETHFI
Source: DiarioBitcoin
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