Ether's 31% Monthly Run Stalls at $2,525 Into the Fed
Ether enters the Fed decision having nearly doubled its September low and then stalled right beneath its breakout level. The second-largest crypto closed at $2,473.72 on Monday, up roughly 31% over the past month but off the $2,525.94 high it set on September 12. The stall is the interesting part, because it is happening exactly where a year of overhead supply lives.
Key takeaways Ether closed at $2,473.72 on Monday, up about 31% over the past month but below its September 12 high of $2,525.94. The $2,500 to $2,525 zone is a multi-month resistance shelf where sellers have shown up before. Ether has outperformed bitcoin over the month, but the gap narrowed into the Fed as both pulled back. A h…
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