Ethereum Panic: Is the $1.5K Plunge Unavoidable After Recent Market Chaos?

Ethereum Panic: Is the $1.5K Plunge Unavoidable After Recent Market Chaos?

Ethereum has been under intense selling pressure due to losing the 100-day moving average, which was only reclaimed in April after months. The recent breakdown below a key demand zone has pushed ETH to fresh local lows near $1.75K, while both technical and on-chain indicators continue to favor the bears. Unless buyers reclaim the lost […]

This article was originally published by CryptoPotato. Click through to read the complete story. Ethereum has been under intense selling pressure due to losing the 100-day moving average, which was only reclaimed in April after months. The recent breakdown below a key demand zone has pushed ETH to fresh local lows near $1.75K, while both technical and on-chain indicators continue to favor the bears. Unless buyers reclaim the lost […]

Category: ethereum

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