Ethereum Plunges 10%, Bearish Signal Confirms With Close Below $390

Ethereum Plunges 10%, Bearish Signal Confirms With Close Below $390

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Ethereum has been one of the best-performing assets in 2020, bar none. It beat Bitcoin, gold, stocks, and other assets in the best return on investment, had the $1,200 stimulus check be entirely invested in assets.

But after today’s 10% intraday drop, the top-ranked altcoin is at risk of closing the daily with a bearish engulfing candle. If the bearish candlestick formation confirms, a short-term…

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