Bearish Chart Patterns Suggest ETH’s Price Will Weaken Further.
Ethereum’s price dropped over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the price of ETH stands at $1,176.88 after a 24-hour drop of 2.06%. In addition, the price of ETH has weakened against Bitcoin (BTC) by 0.49% in the same time period.
Trading volume for ETH has also dropped 18.25%, taking the total daily trading volume down to $9,036,397,215.