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Ethereum (ETH) is awaiting a crucial crossover as the 50-day Simple Moving Average (SMA) approaches $2,293, a level that has been acting as resistance to upside momentum. This could mark a turning point for the digital asset.
Despite significant losses in recent weeks, ETH has still managed to maintain some level of support above the $1,800-$1,754 range, but it’s crucial for buyers to push and hold the price above $2,111 to signal that the bearish trend is fading.
Source: https://u.today/ethereum-eth-awaiting-crucial-crossover-details
