3 min readETHEREUM (ETH/USD):
Ethereum’s price remains under pressure, currently trading just below $2,500. If it continues to decline, I’ll be closely watching how it performs around the lower support level near $2,200.
A closer look at the technicals reveals that we’ve broken below an internal ascending trend line. The RSI indicator isn’t showing any signs of the price being oversold in this area. However, with election results coming in today, I anticipate significant volatility throughout the day and plan to reassess after the results are in.
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