Ethereum
The price of ETH was higher to start the weekend, with markets nearing long-term resistance of $2,900.
As of writing, ETH/USD is trading 2.16% higher, after rising to a peak of $2,835.66, following Friday’s intraday low of $2,664.45.
Similar to BTC, once prices neared resistance, we saw a selloff, which was likely caused by profit takers liquidating their positions.
The price of ETH was higher to start the weekend, with markets nearing long-term resistance of $2,900.
As of writing, ETH/USD is trading 2.16% higher, after rising to a peak of $2,835.66, following Friday’s intraday low of $2,664.45.
Similar to BTC, once prices neared resistance, we saw a selloff, which was likely caused by profit takers liquidating their positions.