Ethereum has fallen 3.6% in the past week, and is currently trading at $3,218.67. 

Technical Analysis:

• MACD (Moving Average Convergence Divergence): The recent bearish crossover indicates a possible continuation of the downtrend.

• OBV (On-Balance Volume): The decline in volume confirms bearish sentiment in the market.

• Bollinger Bands: The widening of the bands indicates increased volatility, and the price approaching the lower band may indicate oversold conditions.

• RSI (Relative Strength Index): The indicator is close to neutral, indicating the absence of a clear trend.

Overall, technical indicators indicate a possible continuation of the decline in the ETH price. However, the RSI indicator indicates a neutral market sentiment, which may indicate potential stabilization. Friends, I recommend that you closely monitor market conditions and be cautious when making investment decisions.

#ETHProspects