Ethereum was struggling to get comfortable above the $4000 price mark however after the bears’ takeover Ethereum seems to be in trouble and under clouds.
Ethereum price today is $3,733.48 USD with a 24-hour trading volume of $15,749,105,463 USD. Ethereum is down 4.58% in the last 24 hours, with a market cap of $444,055,003,834 USD. It has a circulating supply of 118,938,705 ETH coins.
It’s been 3 days since we spotted the symmetric triangle pattern and we were waiting for a decisive breakout on either side. Yesterday, Ethereum broke the symmetric triangle downwards. If this trend is followed we might huge decline, as huge as 18% to $3100, fib 2.618. We just hope it’s a fakeout – fingers crossed.