🚀Ethereum Price Review
Ethereum $ETH failed to gain in today’s session, as seen from the price movements. An in-depth analysis shows Ethereum’s price is within the Bollinger Bands but slightly below the middle band (20-period moving average), indicating a neutral to slightly bearish short-term trend. The bands are relatively narrow, suggesting low volatility.
On the other hand, the Money Flow Index (MFI) is at 34.34, which is close to the oversold territory (below 20), indicating potential buying opportunities if it continues to drop. Ethereum traded at $3,417 as of press time, representing a 0.34% decrease over the last 24 hours.
