Ethereum (ETH) Price May Find its Bottoms Below $500 Soon, Will it Ever Reach its ATH?
Ethereum Maaaring Mahanap ng Presyo ng Ethereum (ETH) ang Ibaba nito sa ibaba ng $500 Sa lalong madaling panahon, Maaabot pa ba nito ang ATH nito? 12 / 02 / 2022 Balita ng Ethereum ng Bitcoin The crypto space was believed to have kick-started a significant recovery phase as Bitcoin prices had climbed above $17,000 for a few hours. The Ethereum price also ranges well above pivotal levels around $1250. Meanwhile, the BTC price dropped back below the levels, but the Presyo ng ETH continued to maintain its strength. Hence it could have been ascertained that the bulls may carry forward the rally higher. But the bearish bells continue to hinder the progress of the rally as the on-chain metrics point towards a hefty downfall very soon. Ayon sa Cryptoquant, Ethereums price is on the verge of dropping hard and hitting $450 as the top altcoin has been trading within a parallel channel since 2017. The channel has been historically determining the tops and bottoms, and hence it is assumed that the ETH price may again reach the bottom around $450. This price, interestingly, has been the base whenever the price marked its bottom in 2017, 2019 and 2020. On the contrary, the on-chain metric is flashing bearish