ETH Price Drops Below $2,900 Amid Selling Momentum - BitcoinEthereumNews.com
ETH price breaks the bullish trend line that extends from the lows of $2,445.00. The trend line acted as a support for the bulls, the price surged 35% to the swing highs of $3,548.1 but retraced quickly again to retest the bullish slopping line. Now, the price is trading below the crucial support level promising more downside around the corner. If ETH price breaks below the sessions low it would trigger a fresh round of selling with the first downside target at the lows of March 22 at $2,887.79. An extended sell-off would drag the price to revisit the $2,600 horizontal support level. On the flip side, a bounce-back above the bullish slop line will keep an eye on the highs of April 11 at $3,214.88. The second-largest cryptocurrency holds the 24-hour trading volume at $15,042,892,023 with gains of 74%. तकनीकी संकेतक: एमएसीडी: The moving average convergence divergence oscillates below the midline with increasing bearish momentum. RSI: The daily relative strength index reads at 37 while trading below the average line. अस्वीकरण प्रस्तुत सामग्री में लेखक की व्यक्तिगत राय शामिल हो सकती है और यह बाजार की स्थिति के अधीन है। क्रिप्टोकरेंसी में निवेश करने से पहले अपने बाजार का अनुसंधान करें। लेखक या प्रकाशन आपके व्यक्तिगत वित्तीय नुकसान