ETHUSD (Ethereum) has staged a significant rally since the beginning of the year, posting a fresh five-month high of 1,740 in mid-February. However, the digital asset has come under pressure lately, with the price crossing below its 50-day simple moving average (SMA) for the first time since January 4. The momentum indicators currently suggest that the bearish forces […]
The post ETHUSD Extends Retreat below 50-day SMA appeared first on Action Forex.
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