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Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market Activity

Ethereum Technical Analysis: ETH Faces Persistent Downtrend Despite Strong Market ActivityOn August 12, 2024, ethereum (ETH) was priced at $2,683, fluctuating within a 24-hour range of $2,523 to $2,720. With a market capitalization of $321 billion and a trading volume of $17.58 billion, ether continues to exhibit significant market activity. However, technical indicators suggest ongoing challenges in breaking through key resistance levels, hinting at a (…)

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