Markets· ★★· bearish·

Ethereum falls 1.37% to $2,319 and tests support

  • —ETH at $2,319.18, down 1.37% on the day and 13.12% over 30 days
  • —Price below SMA-7, SMA-15, SMA-30 and SMA-90, but above SMA-200 at $2,157.52
  • —Volume of $10.57 billion is 7.44% below the 30-day average
  • —RSI 35.5 and stochastic 12.5 point to weakness without a confirmed reversal
Why it matters: Holding the $2,157 SMA-200 is critical: a break would deepen the bearish case, while reclaiming the $2,348 SMA-7 would improve the near-term picture.
Source: DiarioBitcoin