Ether rises 0.93% to $2,449.80 but volume and technicals stay weak
- —Daily volume of $10.6B is 15.6% below the 30-day average
- —RSI at 43.4 and bearish MACD; price below SMA-15, SMA-30 and SMA-50
- —Intraday range spanned $2,376.91 to $2,469.73
- —ETH market cap stands at $299.24 billion
Why it matters: A low-volume bounce does not confirm a reversal; a break of $2,470 or a loss of $2,377 will set the next direction.
Source: DiarioBitcoin