Ethereum price finds resistance around the 50% price retracement level at $2,843, which roughly coincides with the daily resistance level at $2,927 and the 50-day Exponential Moving Average (EMA) at $2,869 on Saturday. It declined 11% in the next three days. At the time of writing on Wednesday, it trades slightly up by 0.6% at $2,469.
Read Full Story
Latest posts by Bitcoin News Editor (see all)
- Scaramucci Expects Bitcoin Record on Rate Cuts, Clearer US Rules - September 17, 2024
- Could Bitcoin be poised for an influx of institutional investment? - September 16, 2024
- Bitcoin Slips at Start of Key Week for Markets Awaiting Fed Rate Cut - September 16, 2024