Ethereum Might Breakdown To $1500 Level

Ethereum Drops to Yearly Low Of 1700$

The performance of Ether (ETH) over the last three months has been less than satisfactory for holders, and the 50% fall since April 3 has prompted the altcoin to challenge the $1,800 support level for the first time since July 2021.

A breach below $1,700 on the downside could trigger another rapid drop. In the aforementioned scenario, the price might fall as low as $1,650. Any further losses may necessitate a transfer to $1,500.

altcoins from other blockchain networks supporting the decentralised finance industry have experienced deeper corrections in the recent 24 hour

Ethereum, Solana and Gaming Tokens Are Falling Fast as Crypto Slump Continues

The number of wallets holding ETH in loss hit a two-year high on Friday (May 27, 2022) following another lackluster week for the cryptocurrency market

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