ETH moves sideways around $1,800, break lower incoming?
Ethereum price analysis is bearish today as we have seen further consolidation and an inability to recover over the last 24 hours. Therefore, ETH/USD should follow along with the overall trend and break lower again by the end of this week.
The market has traded with mixed results over the past day. The leader, Bitcoin, lost just 0.23 percent as consolidation continued, while Ethereum saw a slight gain of 0.21 with similar price action. Meanwhile, Chainlink, Vechain, and Tezos were the top performers from the major altcoins with over 6 percent gain.
ETH/USD traded in a range of $1,777.97 to $1,827.29, indicating mild volatility over the last 24 hours. Trading volume has declined 44.08 percent, totaling $12.4 billion, while the total market cap trades around $218.47 billion, resulting in a dominance of 17.56 percent and a market rank of 2nd place.
The market has traded with mixed results over the past day. The leader, Bitcoin, lost just 0.23 percent as consolidation continued, while Ethereum saw a slight gain of 0.21 with similar price action. Meanwhile, Chainlink, Vechain, and Tezos were the top performers from the major altcoins with over 6 percent gain.
ETH/USD traded in a range of $1,777.97 to $1,827.29, indicating mild volatility over the last 24 hours. Trading volume has declined 44.08 percent, totaling $12.4 billion, while the total market cap trades around $218.47 billion, resulting in a dominance of 17.56 percent and a market rank of 2nd place.
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