Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend
![Ethereum Technical Analysis: ETH Faces Bearish Sentiment Amidst Continued Downtrend](https://newsmarketcap.com/wp-content/uploads/2024/06/Ethereum-Technical-Analysis-ETH-Faces-Bearish-Sentiment-Amidst-Continued-Downtrend-1024x576.jpeg)
Ethereum’s price stands at $3,311, with a market capitalization of $404 billion. The 24-hour intraday trading range has fluctuated between $3,277 and $3,500, while the 24-hour trade volume has reached $16.82 billion. A technical analysis across various timeframes highlights significant bearish indicators. The confluence of oscillators and moving averages suggest a continuation of the downward […]
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