1
Ethereum price currently trades at $1632.26 with a loss of 0.13% during the intraday trading session.
2
ETH price trades below 20, 50, 100, and 200-day exponential moving averages.
3
The year-to-date return of Ethereum has dropped to 36.46%.
Ethereum (ETH) price is currently hovering near the June low of $1626 since mid-August, managing to stay above $1600. The cryptocurrency price is attempting a recovery wave above $1620 but needs to settle above $1650 to begin a decent increase.
ETH price experienced a strong downfall after the break of the $1827 support level. The asset price is striving to form a strong base near $1620 to initiate a recovery wave. During the end of August, the price regained bullish momentum and surged but faced strong rejection at $1732.
Source: ETH/USDT By TradingView.
The rejection turned the price bearish again and it fell to form a support at $1626. Looking at the four-hour time frame, the price is stuck
We współpracy z: https://www.thecoinrepublic.com/2023/09/06/ethereum-price-prediction-vulnerability-for-bigger-decline/
