ETH witnessed its highest drop in over two months.
The Ethereum in profit has gone below 80%.
Ethereum [ETH] experienced a significant decline in its price, leading to a corresponding decrease in profit supply.
Ethereum sees highest drop in months
On the 2nd of January, Ethereum faced a notable decrease of over 6%, settling at about $2,210 based on a daily timeframe chart. The chart analysis showed a positive start to the year, with some intermittent declines up to the 2nd of January.
However, the most recent dip marked the steepest drop observed in the past few weeks.
Source: Trading View
Additionally, this price drop caused the Relative Strength Index (RSI) to fall below the neutral line. As of this writing, the RSI remained below the line despite a slight uptick in the price.
The price was around $2,230, with less than a 1% increase as of this writing. Also, the short-moving average (yellow line) continued to act as support for now. Nevertheless, this support could shift if th
We współpracy z: https://ambcrypto.com/ethereum-falls-6-in-24-hours-how-did-holders-react/
