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Ethereum 🚀🔥
#ETH🔥🔥🔥🔥🔥🔥 #Ethereum
Despite the positive fundamentals of Ethereum, technical indicators show warning signs, as the price failed to maintain the $2,600 level and is currently around $2,520.
On the weekly chart, the 50-week moving average is about to fall below the 100-week counterpart - known as a 'Death Cross' - which could lead to a decline of up to 35%, dropping the price towards the support level of $1,750.
Despite the positive fundamentals of Ethereum, technical indicators show warning signs, as the price failed to maintain the $2,600 level and is currently around $2,520.
On the weekly chart, the 50-week moving average is about to fall below the 100-week counterpart - known as a 'Death Cross' - which could lead to a decline of up to 35%, dropping the price towards the support level of $1,750.
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