ETH falls closer to $1,500 to start the weekend.
/USD fell to an intraday low of $1,504.83 to start the weekend, which comes after failing to stay above an interim floor at $1,550.
As a result of today’s drop, ethereum was trading at its weakest point since mid-January, when it dropped to a low of $1,449.Like with bitcoin, this recent shift in sentiment has pushed moving averages lower, with the 10-day losing all previous upwards momentum. In addition to this, the RSI continues to track below a support point of 47.00, and instead hover at a six-week low of 45.43.is slightly higher, and currently tracking at $1,523.17, however if it fails to climb beyond the 47.00 zone, prices could move lower.Tags in this story
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