Ethereum [ETH/USD] Technical Analysis: Coin takes refuge in bear’s kingdom

The bear has returned to the market and this time with rather unexpected news. The winter animal is seen clinging to the coin with the support of Constantinople hard fork postponement.

According to CoinMarketCap, at press time, Ethereum was trading at $122.31 with a market cap of $12.75 billion. The trading volume for the cryptocurrency is recorded to be $2.81 billion and the coin has plunged by over 5% in the past 24 hours.

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