) was also trading slightly lower in today’s session, as prices of the world’s second-largest token moved slightly below $1,900./USD moved to a bottom of $1,863.16 in today’s session.
Yesterday’s high was also a key resistance point for ethereum, and was the first time in over two months that prices had collided with this ceiling.As a result of this, bearish pressure resurfaced, sending the token back below the $1,905 level, which as seen on the chart is a significant point of uncertainty.last hit this ceiling, prices went on to fall for twelve consecutive sessions, hitting a bottom below $900 in the process.
In addition to this, the RSI has also failed to move beyond its own resistance at 68, which seems to have been a signal to bears to reenter the market.Tags in this story
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