Ethereum Falling On The Heels Of Bitcoin

Ethereum has dropped approximately 38% off its most recent high, while Bitcoin declined as much as 41%. If Ether's October $2,970 low is breached, this crypto could easily reach the next more significant support zone from around $2,446 to $2,305, as seen in the enclosed monthly chart. That price zone includes the Aug. '21 low support, 50% Fib retracement, and the 21-month exponential moving average (ema).


Disclosure: Above analysis is for educational purposes only. Proceed at your own risk. All information given here is largely based on technical analysis and the analysis is very dynamic in nature and ...

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