CandleFocus Ether on the Verge of ‘Death Cross’ Pattern; SOL, DOGE, BNB Below 200-Day Average
2025-02-25
Author: Content Editor
The price of Ether has declined by over 5% to $2,375, resulting in the possibility of a "death cross" where the short-term momentum could underperform the long-term average. This could lead to a major bearish trend, with other major tokens like BNB, SOL, DOGE, and LINK also trading below their 200-day SMAs. However, BTC, XRP, TRON, ADA, and XLM are still above their 200-day SMAs. The 200-day average is considered a key indicator of long-term trends, and dips below it suggest a bearish sentiment.
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