ETH bulls down but not out as $3400 beckons

  • ETH price challenges 21-DMA support amid selling resurgence.
  • RSI turns south but holds above 50.00, keeping bulls hopeful.
  • A rally towards $3400 remains in the offing if $3070 holds.

Ethereum, the no.2 widely traded digital asset, is feeling the pulling of the gravity once, extending its bearish momentum into the second straight day this Sunday.

With the selling resurgence, ETH price reverses half the rebound from weekly lows of $3050 reached last Friday. The…


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