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Ethereum price analysis: Will ETH Price Break Under $1000?

From coingape.com

The Ethereum(ETH) price is highly affected by the sell-off observed over the global market as it has fallen 34% over the past week. The death spiral tumbles the market value to under the $1300 mark and approaches the upcoming support at $1000, Will Ethereum’s market price dive under $1000, or is a bullish reversal possible? The April-May downfall in ETH/USDT pair took a breather near the $1800 mark. Thus, amid the widespread uncertainty in the crypto market during the second half of May, the altcoin showcased a slow yet steady fall which plunged to a low of $1700. However, the market witnessed high selling pressure ... (full story)

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  • Category: Technical Analysis