ETH drops 5.53% to $2,372.81 on volume 39.5% above average
- —ETH trades at $2,372.81, down 5.53% on the day
- —Volume of $19.01 billion is 39.54% above the 30-day average
- —RSI at 33.5 and stochastic at 6.1 signal oversold conditions
- —Price sits below SMA-7/15/30/50 but above SMA-90 ($2,300) and SMA-200 ($2,139)
Why it matters: The break below short-term averages on elevated volume pressures ETH; holding the 90- and 200-day SMAs keeps a rebound possible but does not rule out further downside.
Source: DiarioBitcoin