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Ethereum Price Down Again, $2k Seems Out Of Reach

From investingcube.com

Ethereum price retreated on Wednesday, breaking a two-day winning streak as resistance persists at the $1,900 mark. The decline by ETH was a reflection of the happenings in the broader crypto market which is under pressure as US reciprocal tariffs enter into force. Cryptocurrencies have borne the brunt of risk aversion in financial markets, with ETH price losing 25% in the last month. However, Ethereum’s troubles are asset-specific to a significant extent. ETH price has declined by a disproportionately bigger margin. For example, while ETH is down by 43% year-to-date, its altcoin peer BNB Coin is at -14%, Solana is ... (full story)

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  • Category: Technical Analysis