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

Increasing Supply On Exchanges May Translate To More Losses For ETH

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.

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