Ethereum Price Reclaims 200-Day EMA as Leverage Hits Five-Month High
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ETH advanced 7.56% to USD $2,424.04, accompanied by a daily volume 46.27% higher than its 30-day average. The rebound improves technical signals, but coincides with immediate resistance, still negative monthly yields and doubts about institutional flows and adoption; confirmation will depend on the price exceeding levels that today continue to act as a ceiling.
Ethereum Price Reclaims 200-Day EMA as Leverage Hits Five-Month High
The post Ethereum Price Reclaims 200-Day EMA as Leverage Hits Five-Month High appeared first on Coinpedia Fintech News Ethereum’s latest rally looks encouraging. But the derivatives market is flashing a warning that traders shouldn’t ignore. ETH has climbed back above its 200-day EMA band, recovering from below $2,200 in late October to approximately $2,430, marking an 11% rise. The recovery puts higher price targets back on the table. However, …
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