Ethereum holds $2,320 long-term average after slide from $2,800
- —ETH at $2,355, up 0.4% over 24 hours
- —Long-term average near $2,320 acts as support
- —Price has corrected from the $2,800 peak
Why it matters: Holding the $2,320 average is key to preserving ETH's bullish structure; a break below would open the door to a deeper correction.
Source: Coinotag