ETHUSD and BTC Experience Declines Amid Resistance Levels
Ethereum (ETHUSD) has declined in its latest intraday trading session due to the stability of the solid resistance level at $2,500. The negative signals from relative strength indicators have put pressure on the price.
Despite being above EMA50, which reinforces the short-term bullish trend, Ethereum's price is under negative pressure. This could affect its ability to breach the resistance level and recover.