Vauld Insights
2022-05-17 08:30:00

Increasing Supply On Exchanges May Translate To More Losses For ETH

ETH was down 10% in the last seven days, the downside appeared intact. Technical indicators, spikes in trading volume, and increasing supply on exchanges point to a bearish trend. ETH bulls must defend the $2,000 level to avoid pending losses to $1,700. Ethereum’s native token ETH traded 10% below the levels seen a week ago […]The post Increasing Supply On Exchanges May Translate To More Losses For ETH appeared first on Vauld Insights.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.