Ethereum (ETH): Facing a Potential Downturn
Ethereum, the second-largest cryptocurrency by market capitalization, is at a pivotal moment. The asset is experiencing a concerning technical signal known as the “Death Cross.” This term refers to a specific pattern in moving averages that often precedes a period of declining prices.
The Death Cross occurs when a short-term moving average, such as the 50-day Exponential Moving Average (EMA), crosses below a longer-term moving average, such as the 200-day EMA.·
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