Despite 10% Drop From Highs, Ethereum Holds Pivotal Moving Average
www.newsbtc.com
It shows that despite the 10% correction ETH faced, the asset held the pivotal 20-day simple moving average. Chart of ETH's price action since the Feb. highs with a moving average analysis by trader Ledger Status (@ledgerstatus on Twitter).
If the asset falls below this level, analysts may then begin to question the validity of the sentiment that Ethereum will set new highs. Featured Image from Shutterstock Price tags: ethusd, ethbtc Charts from TradingView.com.
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