1 hour ago
Ethereum Dip Warning: On-Chain Data and Technical Signals Point to More Downside Ahead
EthereumBitcoin marketcrypto market analysisCrypto TradingETH PriceethereumEthereum DipEthereum technical analysisExchange Supply Ratio
TLDR: Ethereum Exchange Supply Ratio has dropped to low levels, but price has not formed a matching bottom yet. Historical patterns show that divergences between the ratio and price typically resolve through a downward price move. ETH has broken below its 1-Day Bull Market Support Band, a level that has acted as a strong reversal [...]
The post Ethereum Dip Warning: On-Chain Data and Technical Signals Point to More Downside Ahead appeared first on Blockonomi.
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