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# EthereumEngine

84

#EthereumEngine
WHY CONSOLIDATION AROUND KEY MOVING AVERAGES IS KEEPING ETHEREUM IN FOCUS
Unlike explosive rallies or sharp selloffs, some of the most important phases in the market are periods of consolidation. That is exactly what traders are closely watching in Ethereum right now.
After recovering from the strong decline that pushed prices toward the 1,500 area, Ethereum has spent the last several sessions building a more stable structure. Recent price action has been characterized by tighter ranges and improving short-term momentum, a sign that buyers and sellers are entering a temporar

ETH0.85%

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