Ethereum Price Faces Many Hurdles, Downside Thrust Before Fresh Increase
Ethereum price is struggling above the $4,000 zone. ETH is slowly moving lower and there is a risk of a downside thrust toward the $3,850 support.
Ethereum's rising Taker Buy-Sell Ratio suggests derivative traders likely drove Friday's price jump.
US investors maintain cautious sentiment following strong outflows in ETH ETFs and declining Coinbase Premium.
ETH could see a rejection again at the 20-day EMA after holding the symmetrical triangle support.
US investors maintain cautious sentiment following strong outflows in ETH ETFs and declining Coinbase Premium.
ETH could see a rejection again at the 20-day EMA after holding the symmetrical triangle support.
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