ETH Plummets: On-Chain Data Signals More Pain Ahead After Iran Deal Collapse
Ethereum’s price fell from a high of $2,325 to a low of $2,212, with the largest sell-off volume since April 8th. This drop pushed the price below its 50-day Simple Moving Average (SMA) at $2,242 – a level that had been supporting the price during its recent recovery. Now, that SMA is acting as a resistance point, about $30 above the current price.






