Ethereum (ETH) Finally Tests 50 Week MA, Price At Risk Of Significant Sell-Off

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Ethereum (ETH) has just run into its 50 week EMA and is now likely to face a strong pullback to the trend lie support it has skyrocketed off these past few weeks. ETH/USD climbed slightly above $237 before it retraced to $233. So far, the price of Ethereum (ETH) remains heavily overbought on the weekly as well as the daily time frame. These moves seem to have unnerved a lot of greedy bears but smart money is not touching Ethereum (EHT) at these prices. The pump seemed to have been triggered by a few big players that got more institutions…
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Ethereum (ETH) Finally Tests 50 Week MA, Price At Risk Of Significant Sell-Off

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