Ethereum [ETH/USD] Technical Analysis: Bull’s spell over the cryptocurrency is wearing off

Ethereum [ETH], the second-largest cryptocurrency by market cap, is up and ready for its upgrade scheduled for next week. The coin was glowing green in the market because of the upcoming hard fork. However, the coin’s grip over the bull market seems to be wearing off as it is currently seen injured by the bear’s previous attack.

According to CoinMarketCap, at press time, Ethereum was trading at $151.29 with a market cap of $15.77 billion. The coin has a trading volume of $2.41 billion and dropped by over 1% in the past seven days.

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