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Ether’s price clings 'crucial area,' drop below $2.8K looming
Cryptocurrency traders argue that Ether’s next move is crucial not just for Ether itself, but for Bitcoin as well. Ether is holding tight to a critical support level and is at a tipping point that could lead to a decline below $2,800 if it fails to hold, according to crypto traders. “Ethereum is holding onto the crucial area of support,” MN Trading founder Michael van de Poppe wrote in an Aug. 3 X post. Van de Poppe further explained that if it fails to maintain the level, it may impact Ether around a further 4%, and push Bitcoin — which is trading at $60,717 — further down into an uncertain range for ... (full story)
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- Posted: Aug 4, 2024 12:00am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 174
