Ethereum’s price is $3,088, registering a 17% dip last month, signaling reduced open interest in the world’s second-largest cryptocurrency by market cap. It seems that ETH’s price has encountered significant resistance from the bears at the $4,000 mark right after ETH surged 69% from lows of $2,414 in November last year. With the token’s price...

Ethereum has long been the second-largest cryptocurrency by market cap and is widely viewed as one of the most credible crypto currencies. 

Ethereum has displayed bearish signals after breaking below its 100-day moving average, underscoring increased selling activity. However, the 200-day MA, acting as the buyers’ last defense, still holds, offering hope for a potential rebound. Technical Analysis By Shayan The Daily Chart ETH recently broke below the significant 100-day MA at $3.1K, signaling the sellers’ growing...