Ethereum price remained under pressure after an attempted recovery failed to clear $2,400. The cryptocurrency closed near $2,360 on Oct. 28 before facing renewed selling. Meanwhile, technical commentators...
Summary
- Ethereum price remained under pressure after an attempted recovery failed to clear $2,400.
- Meanwhile, technical commentators identified competing scenarios involving a possible $1,800 decline and a broader recovery.
- An ETH/BTC momentum signal also raised questions about potential Ether outperformanc Ethereum Price Faces Its First Test Near $2,400 Ethereum fell toward $2,300 after trading near $2,800 earlier in October.
- The daily chart showed a recovery from the $2,320 region, but the rebound had yet to clear nearby resistance.
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