Ethereum Technical Analysis: ETH Faces Pivotal Resistance

On September 9, 2024, the price of ethereum stands at $2,309 as it struggles to break free from a strong downtrend seen on multiple time frames. The market reflects the uncertainty, with oscillators displaying mixed signals and moving averages signaling a bearish outlook. While there are signs of accumulation near current support levels, the broader market environment calls for caution (…)