Ethereum (ETH) Price: ETH Hangs onto Key Trendline as Glamsterdam Upgrade Is Delayed
Photo: CoinCentral
TLDR ETH trades near $2,367 on Oct. 24, sitting on a rising trendline that has held since the summer low. U.S. spot Ether ETFs saw $4.4 million in inflows on Oct. 23, ending a $110.6 million withdrawal the day before. Ethereum developers delayed the Oct. 26 Glamsterdam testnet activation over security concerns tied to EIP-8037. Daily RSI is 37.18 and MACD is negative, showing sellers still hold short-term momentum. Analyst Ted Pillows says a daily close below $2,350 could send ETH toward $2,200-$2,250. Ethereum (ETH) is trading around $2,367 on Oct.
Source: CoinCentral
