Ethereum Sells Off With Rest of Market
Ethereum retested it's August lows today along with the rest of the cryptocurrency market after breaking through the 50 and 100 day moving averages on heavy selling volume. Prices found support though at $225, a long-term uptrend going back to early May.
ETH prices have tested all time highs of $400 twice now this summer but have been unable to trade higher. Now at the bottom of this ascending triangle pattern, prices may recover here and move higher. However macro uncertainty in the markets remains a risk.
