Ethereum is down 2% to $1,638, continuing its downtrend. The moving averages are bearish: MA7 at 1,654.67, MA25 at 1,937.90, and MA99 at 2,137.44 — all far above price, acting as strong resistance. Volume is extremely light, well below both the MA(5) and MA(10) averages, indicating very weak participation. Key resistance is at MA7 ($1,654.67) and then $1,634.74 — wait, price is above that. Support is at $1,461.83. The chart shows a steady decline from highs near $2,426. Momentum is bearish. @eth #ETH $ETH
ETH
1,666.9
-0.76%
BTC
64,320.41
+0.25%
XRP
1.1377
-1.42%
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