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[Ethereum ($ETH)]
Ethereum ( ETH ) also traded lower on Monday, but traders combined to prevent the price from falling below the $1,900 level again.
After hitting a high of $1942.03 during Sunday's trading session, ETH/USD started the week with a bottom of $1901.06.
📌
The world's second-largest cryptocurrency has fallen for a fourth day in a row.
Since hitting a multi-month high of $2,029, sellers and profit takers have taken action to push prices lower.
Similar to the pancake comparison, this was due to stronger price overbought with an RSI reading above the 70.00 mark. However, it is now at 52.94.
It appears that the next visible RSI bottom reading should be 50.00, and if this point is indeed reached, the price of the big aunt may trade below $1900.