Markets· ★★· neutral·

Ethereum holds near $2,700 as trading volume drops 16%

  • —ETH trades at $2,687.48, up 0.44% on the day
  • —Volume of $12.44B is 16.37% below the 30-day average
  • —RSI at 62.8, MACD bullish with a histogram of 5.83
  • —Immediate resistance at $2,737.26, support at $2,668.41
Why it matters: Price gains on shrinking volume weaken the bullish case and raise the odds of a rejection at resistance near $2,737.
Source: DiarioBitcoin