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Ethereum Price Analysis: Will ETH Price Lose $1700 Support Or Make A Comeback?

source-logo  coingape.com 25 May 2023 04:23, UTC

Ethereum Price Analysis: In the midst of growing uncertainty within the cryptocurrency market, a short support trendline protected the Ethereum price from excessive downfall. The coin price bounced thrice from the rising trendline in the last two weeks, indicating the buyers were buying at minor dips to reclaim lost ground. However, a sudden downtick in the crypto market today increased the outflow in ETH price and breached the support trendline for an extended downfall.

coingape.com