Can DMA Crossover Prevent ETH From Further Losses?
The shared resistance of $3580 and 200 DMA triggered a minor retracement in ETH/USDT pair. On April 6th, the sellers gave a strong breakdown from the $3300 support, suggesting further price correction to $3000. A bullish crossover between 50 and 100 DMA at $3000 support may provide dip opportunities to long traders.