Crypto News – Today’s cryptocurrency prices saw enormous losses as Ethereum fell and other altcoins tumbled, while Bitcoin lost its grip on the $64,000 mark.
April 27 Ethereum Price Analysis
In light of the price’s decision to go laterally above the crucial support, Ethereum’s downturn seems to be ending. But ETH saw a 0.12% drop in price by the end of the week. However, the trading volume of ETH dropped by 15.98% to $10.38 billion during that time.
At $2,900 for support and $3,370 for resistance, this cryptocurrency is now trading in a range. The ultimate breakthrough will be more noteworthy the longer it consolidates here. A bullish cross of ETH on the daily MACD suggests that bulls may be regaining control shortly. The $3,370 resistance needs to give way in order to validate a bullish bias.
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