Ethereum’s price to $3000? Here’s why and why not that might happen!
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Ethereum's price continues to struggle under the $3,000 mark. A concerning indicator, known as the death cross, has appeared, which may signal further potential declines for the cryptocurrency. This technical pattern usually indicates that further downside might be on the horizon for Ethereum investors.
The death cross occurs when a short-term moving average crosses below a long-term moving average. It's typically seen as a bearish sign, prompting traders to be cautious about future price movements.
Fuente: ambcrypto.com ↗
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