Ethereum (ETH)

#Ethereum(ETH) has been sending bearish signals by trading well below the 50-day and 200-day EMAs. A breakout of #ETH’s $2,403 resistance could open the $2,500 level. Furthermore, a return to $2,500 could prompt bulls to run towards the $2,664 resistance level.

Furthermore, a drop below the $2,150 low from September 6 could signal a drop towards the $2,124 support level. The 14-day RSI of 41.35 suggests that $ETH could drop towards the $2,124 support level before entering the oversold zone