Ethereum has slipped below a key technical boundary after failing to continue its recovery through the $2.8K region. Trading around $2.31K, ETH has broken beneath the lower trendline of its daily...
Ethereum price hovers near $2,320 as $44M in ETH liquidations, $1.18B in October ETF outflows and a Glamsterdam delay weigh on sentiment.
One analyst thinks ETH could reverse to the $1,850-$1,920 support area.
Ethereum price fell 2.5% to $2,337 as $184 million in ETH liquidations hit leveraged traders, while $44.26 billion in open interest signaled risk.
Ethereum’s failed rebound has given way to renewed selling, leaving the price near $2.37K and below its broader ascending channel. With futures taker activity also shifting toward sell dominance,...
ETH lagged bitcoin by 9.15 percentage points over matched nearly four-week windows, while US ether ETFs recorded another outflow on Oct. 22.... Read the full story at The Defiant
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