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金融小奶鳄
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Ethereum's price drops 5%: is it a correction or the start of a larger decline?
Ethereum's price has started to drop significantly below $3,880. ETH dropped over 5% and showed bearish signs below $3,680.
Ethereum has fallen below the $3,800 area and is starting to decline again.
The price is below $3,680 and the 100-hour simple moving average.
On the hourly chart of ETH/USD, a new connecting bearish trend line is formed, with resistance at $3,800 (data provided by Kraken).
If the currency pair fails to maintain above the support area of $3,550, it may continue to decline.
Ethereum's price has dropped below $3,800
Ethereum has fallen below the $3,800 area and is starting to decline again.
The price is below $3,680 and the 100-hour simple moving average.
On the hourly chart of ETH/USD, a new connecting bearish trend line is formed, with resistance at $3,800 (data provided by Kraken).
If the currency pair fails to maintain above the support area of $3,550, it may continue to decline.
Ethereum's price has dropped below $3,800
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