Ethereum Price Dips As SEC Crackdown Intensifies 

The post Ethereum Price Dips As SEC Crackdown Intensifies  appeared first on Coinpedia Fintech News

The SEC filed complaints against Coinbase and Binance, similar to the Robinhood delistings, which had an impact on the bearish sentiment in the cryptocurrency market. On Friday, ETH experienced a slight decline of 0.27%. Despite a 0.71% increase earlier, ETH closed at $1,841 on Thursday. ETH dipped to a late-session low of $1,827 after failing to surpass the First Major Resistance Level (R1) at $1,862. However, it found support at the First Major Support Level (S1) at $1,829 and closed at $1,841.