Ethereum remains in a desperate posture on all time frames, with it appearing that a major correction is on the cards over the coming weeks and months.
The industry’s second largest asset is currently trading at $1,832 having rejected off the daily 200 exponential moving average following yesterday’s daily close.
In order to demonstrate even the slightest hint of strength, Ethereum needs to begin closing daily candles back above the $2,000 mark.
Another key point of resistance is $2,150, as…
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