Ethereum technical analyse 27th of April
Published in
2 min readApr 27, 2022
Ethereum was unable to break over the $3,030 level of barrier on its way to a breakout. When the $2,950 support level was breached, ETH began a severe drop below its previous high.
The price of gold fell sharply below the $2,900 mark and the 100-hour SMA. Even the $2,800 support level was breached by the price of Ether. The price has hit a new weekly low of $2,766 and is presently…