Ethereum Is In A Gradual Downtrend As It Revisits The Low Of $1,700
Aug 06, 2023 at 11:30 // Price
Author Coin Idol
The latest price Analysis by Coinidol.com report, the Ethereum price (ETH) has resumed selling pressure after two weeks of being pinched by moving average lines.
Long-term analysis of the Ethereum price: bearish
On August 2, the bears broke below the 50-day simple moving average. As a result, the value of the largest altcoin fell.
The price indicator predicts that the decline will continue above the support level of $1,700. Ether is currently trading at a low of $1,815. On July 25, the price fell and...