Following a high of $1,924.47 on Wednesday,As a result of this decline, ethereum has fallen from its strongest point since Aug. 17, when the price hit a peak of $1,957.Similar to bitcoin, today’s drop came as a result of the the RSI hovering below a recent support point at 61.00.
Overall, it appears that earlier bulls have moved to take profits, ahead of the upcoming uncertainty in the market.Register your email here to get weekly price analysis updates sent to your inbox:
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