Ethereum: Buyers and sellers parley at $3,000 as symmetrical triangle takes shape

Ethereum was in a delicate position on the charts. Trading between its EMA Ribbons and the 200-SMA (green), ETH faced pressure from either side. However, bulls needed to go the extra mile to save ETH from additional drawdowns. A close above $3,200 would help flush out majority of sellers and present opportunities for bullish traders. […]