$ETH

Instant analysis of currency $ETH

The price of Ethereum (ETHUSD) has stabilized at a decline during its recent instant trades, settling again below the key level of $1,800, and is once again exposed to negative pressure resulting from its trading below its simple moving average for the past 50 periods, with the negative pressure surrounding it doubling due to the emergence of negative signals in the relative strength indicators, despite reaching oversold areas. This came despite the dominance of the corrective upward trend in the short term.