Ethereum (ETH) Price Drops 8% With Metrics Indicating Further Declines

Ethereum (ETH) price has dropped nearly 8% in the last 24 hours, nearing the loss of its $400 billion market cap. The sell-off has pushed ETH’s RSI to 27.1, its lowest since December 20, signaling oversold conditions and weak market sentiment. The ADX indicates that the current downtrend is strong, with bearish momentum dominating as the -DI surpasses the +DI. If the downtrend continues, ETH... source: https://beincrypto.com/eth-price-drops-further-declines/