- Ethereum was once again trading below $1,900 during Thursday’s session, as the Ethereum Foundation clarified speculation surrounding The Merge.
- Looking at the chart, the relative strength index (RSI) is now tracking at 51.84.
- Traders who recently bought the rumor, helping send ETH to a three-month high earlier in the week, now seem to be slowly retreating.
Bitcoin, Ethereum Technical Analysis: ETH Below $1,900 as Ethereum Foundation Comments on Gas Fees
