Eth softens after rejection at 50-day EMA

ETH is near $3,050, down about 0.5% on the day, giving back part of last week’s modest bounce. FXStreet notes ETH was rejected at its 50-day EMA around $3,280 and now risks a deeper pullback toward $3,017 and potentially $2,749 if that support breaks, even as some venues still show it slightly positive intraday amid generally subdued altcoin flows.