Markets· ★★· bearish·

ETHFI Falls 6.63% on October 15, Tests Intraday Support

  • —ETHFI fell 6.63% from the open to $0.6453
  • —Price sits below the 7-, 15-, 30- and 50-day SMAs but above the 90- and 200-day SMAs
  • —Volume of $55.76 million is 5.58% below the 30-day average
  • —RSI at 44.6 and a negative MACD point to weak momentum
Why it matters: The drop lacks a confirmed catalyst and comes amid broad altcoin selling; a break below the intraday low would raise the risk of a move toward the 90-day SMA.
Source: DiarioBitcoin