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Is Ethereum Doomed to Plunge to $3,500 After Latest $4K Rejection?


by Jordan Lyanchev
for CryptoPotato
Is Ethereum Doomed to Plunge to $3,500 After Latest $4K Rejection?

TL;DR

  • Ethereum’s inability to decisively reclaim the crucial $4,000 resistance could result in a more painful price drop to and even below $3,500, said Ali Martinez.
  • In contrast, other analysts remain optimistic about its future trajectory, outlining that Q4 and Q1 are just around the corner, periods that have been historically very bullish for ETH and other alts.

Another $4K Rejection?

Recall that the second-largest cryptocurrency stood tall above $4,700 just a couple of weeks ago. Although it started to slip in the following days, it still maintained the $4,500 level by last Monday when all hell broke loose. In the span of just an hour or so, ETH slumped by over $400 and dumped beneath $4,100.

Read the article at CryptoPotato

Read More

Top Ripple (XRP) Price Predictions, Cardano’s (ADA) Next Targets, and More: Bits Recap September 26th

Top Ripple (XRP) Price Predictions, Cardano’s (ADA) Next Targets, and More: Bits Recap September 26th

Here's everything most interesting surrounding XRP, ADA, and ETH.
ETH Bulls Crushed as Price Drops Below Crucial Level

ETH Bulls Crushed as Price Drops Below Crucial Level

Ethereum breaks below $4.1K support with key levels at $4,840 and $2,750 in focus as ...

Is Ethereum Doomed to Plunge to $3,500 After Latest $4K Rejection?


by Jordan Lyanchev
for CryptoPotato
Is Ethereum Doomed to Plunge to $3,500 After Latest $4K Rejection?

TL;DR

  • Ethereum’s inability to decisively reclaim the crucial $4,000 resistance could result in a more painful price drop to and even below $3,500, said Ali Martinez.
  • In contrast, other analysts remain optimistic about its future trajectory, outlining that Q4 and Q1 are just around the corner, periods that have been historically very bullish for ETH and other alts.

Another $4K Rejection?

Recall that the second-largest cryptocurrency stood tall above $4,700 just a couple of weeks ago. Although it started to slip in the following days, it still maintained the $4,500 level by last Monday when all hell broke loose. In the span of just an hour or so, ETH slumped by over $400 and dumped beneath $4,100.

Read the article at CryptoPotato

Read More

Top Ripple (XRP) Price Predictions, Cardano’s (ADA) Next Targets, and More: Bits Recap September 26th

Top Ripple (XRP) Price Predictions, Cardano’s (ADA) Next Targets, and More: Bits Recap September 26th

Here's everything most interesting surrounding XRP, ADA, and ETH.
ETH Bulls Crushed as Price Drops Below Crucial Level

ETH Bulls Crushed as Price Drops Below Crucial Level

Ethereum breaks below $4.1K support with key levels at $4,840 and $2,750 in focus as ...