Coinmonks
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As Bears breached a key support level, Ethereum fell below the $3,000 mark

Source photo Unsplash.com

The price of Ethereum The long-term outlook is pessimistic.
Bulls bought the dips when Ether hit a low of $2,940 yesterday. It’s difficult for buyers to go back to the former pricing point. Price is now above the 50-day SMA, but below the 21-day SMA.

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Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com , Email  — gaurav@coincodecap.com

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