ETH Volume Settles Into Dip

Written By Guest User

Neither this post nor any other on cryptofal.com, should be taken as financial advice. It is not.

Ethereum’s volume is dipping which could mean that the downtrend is attempting to settle and find a bottom. Both the MFI and the MACD are looking to break their downtrend. The overall cryptocurrency market cap is hovering at $2.6 trillion currently while the overall volume is around $115 billion. BTC dominance is down to 40.1% while ETH dominance is at 20.6%.

Another ecosystem token that has seen some positive sentiment is ADA. It has a fairly interesting chart. The MFI and MACD are looking to establish a definitive uptrend as it searches for short term support after its positive movement today. If volume remains consistent into an uptrend, we could see ADA start to establish higher lows/support.

Guest User
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