
There is a lot of resistance for Ethereum between $3,416 and $3,570. To start a recovery, bulls would have to take these levels back. Nevertheless, the probability of a quick recovery seems slim given the declining volume and deteriorating RSI, which is centered around 37.
(Note: This article appears to be discussing the price movement of Ethereum, specifically highlighting the resistance level at $3,416-$3,570 and the low likelihood of a quick recovery due to decreasing volume and a deteriorating relative strength index (RSI).)
Source: u.today