#ETH#
Significant Downtrend: The chart is clearly showing a downtrend. Prices have declined significantly in recent days.
* Price Below Moving Averages: The current price (2,420.77 USDT) is trading below the 5-day, 10-day and 30-day moving averages (2,432.28, 2,480.34, 2,523.58 USDT respectively). This is an important technical indicator that the downtrend is strengthening. The longer the price stays below the moving averages, the higher the probability of a further decline.
* No Signal of Recovery with Low Volume: The chart shows no signs of a recovery supported by strong buying volume after
Significant Downtrend: The chart is clearly showing a downtrend. Prices have declined significantly in recent days.
* Price Below Moving Averages: The current price (2,420.77 USDT) is trading below the 5-day, 10-day and 30-day moving averages (2,432.28, 2,480.34, 2,523.58 USDT respectively). This is an important technical indicator that the downtrend is strengthening. The longer the price stays below the moving averages, the higher the probability of a further decline.
* No Signal of Recovery with Low Volume: The chart shows no signs of a recovery supported by strong buying volume after