ETH, the native cryptocurrency that powers the Ethereum blockchain, continues to suffer amid elevated post-hawkish Fed meeting sell pressure. ETH, otherwise known as Ether, was last down over 5.0% on Friday, having broken out to fresh monthly lows under its 21-Day Moving Average (DMA) earlier in the session. ETH/USD looks on the verge of breaking below $1,200, which could trigger the next leg of selling towards the late-November lows in the $1,150 area....
ETH, the native cryptocurrency that powers the Ethereum blockchain, continues to suffer amid elevated post-hawkish Fed meeting sell pressure. ETH, otherwise known as Ether, was last down over 5.0% on Friday, having broken out to fresh monthly lows under its 21-Day Moving Average (DMA) earlier in the session. ETH/USD looks on the verge of breaking below $1,200, which could trigger the next leg of selling towards the late-November lows in the $1,150 area....
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