Ethereum looks weak

٢٢ سبتمبر ٢٠٢٣

After five weeks of trying to stay above its 50- and 200-week moving averages, the digital silver is in danger of closing below these lines and $1600 this week. The following essential lines of defence look to be the $1500 and $1200 levels, where buyers came to the coin's rescue in March and December last year.