Ether's MACD indicator sent a “sell” signal on its weekly chart, an occurrence that has historically preceded steep price drawdowns. Ether’s moving average convergence divergence (MACD) indicator flashed a bearish signal in early 2025, a period that saw the ETH spot price drop by over 60% within a few weeks. A similar pattern is now unfolding in October, increasing the likelihood of a deeper decline in the coming days or weeks. The MACD is a popular momentum indicator used in technical analysis that helps traders identify the strength, direction, and duration of a trend in an asset’s price. The indicator has produced ... (full story)