Ethereum has slipped, trading in the $3.3K zone.
The market saw $86.39 million worth of Ethereum liquidated.
Bearish momentum dominates the crypto market, pushing the asset’s price on a downward path. Bitcoin (BTC) continues to fall and trade around the $93.3K level, while Ethereum (ETH) is battling to reclaim the $3.5K mark.
ETH has been trading on the downside, recording a 1.73% loss over the last 24 hours. The altcoin’s price failed to break through the $3,354 resistance and extended its losses. ETH must hold its current trading level to avoid further declines.
There was a clear downside move at $3,209, and the daily high is marked at $3,384. At press time, ETH traded at $3,307 and the daily trading volume stayed at $31.14 billion. Notably, the market observed a liquidation of $86.39 million worth of Ethereum during this interval.
Is Ethereum Poised for Further Losses?
The ETH/USDT trading pair’s Moving Average Convergence Divergence (MACD) and signal line
We współpracy z: https://thenewscrypto.com/can-ethereum-eth-escape-bearish-control/
