Rough Day For ETH and Altcoins

Market Research
Written By Guest User
Ethereum 4hr candle chart, approximately 6:45PM ET, 9/20/21.

Ethereum 4hr candle chart, approximately 6:45PM ET, 9/20/21.

Following the traditional market’s dive as well as Bitcoin’s, Ethereum finds itself below $3,000 going into the evening. Momentum on the MACD is continuing to swing downward as volume attempts to still settle on the 4hr candles. Ethereum’s settling will likely depend on BTC and potentially even the traditional market settling down a bit over the next coming days. However, if today’s FUD settles a bit, Ethereum is looking to hold at this support above $2,900.

Guest User
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