$ETH $BTC $BNB
🚨 Ethereum drops by 32% in a week! 🚨
The price of Ethereum (ETH) has fallen by 32% in a week, with an 18% drop in the past 24 hours, reaching $2,350.
- ETH price fell below the lower Bollinger Band at $2,650, indicating potential oversold conditions.
- Trading volume (OBV) of 43.49M indicates strong selling pressure.
- The weekly chart shows ETH breaking below the lower Donchian channel at $2,111, indicating further downside risks.
- RSI at 38.55; A drop below 30 may confirm an oversold condition.
📊 What's next for ETH? Will it bounce back or continue to slide? Share your thoughts in the comments! 💬