$ETH Price Drop Under $2,300 Can Trigger 30% Crash
$2,300 is a crucial support for ETH Price as 2.77 million addresses collectively purchased 52.65 million ETH. He said that if the bulls manage to defend this support and reverse the ETH trajectory, thereâs the chance of another 3x rally from here. However, if the ETH bears manage to break under the $2,300 level, it could lead to another 30% crash all the way to $1,600.
âIf Ethereum can hold above $2,300, we may see a new rally that could push the price toward $6,000,â
Thus, it is a make-or-break for the Ethereum price which could be a deciding factor for its future trajectory. As of press time, the ETH price is trading 1.2% down at $2,432 levels with a market cap of $2,422 levels
This puts Ethereum price at the risk of a rally to $3,000. On the other hand, the continuous sell-off from ETH whales has dampened the market sentiment recently.
#WeAreAllSatoshi #moonbix #BinanceLaunchpoolSCR #ETHđ„đ„đ„đ„ #DoYouHoldBNB
