Ethereum may slide to $2,700 before ETH begins a new uptrend

  • Ethereum price is below two critical support levels, likely moving to its final Ichimoku support.
  • Oscillator conditions continue to favor a swing low developing, continuing the current upswing.
  • $2,700 price range is now in focus as the final daily support level.

Ethereum price action has fallen below the Tenkan-Sen at $3,000 and the 50% Fibonacci retracement at $2,900. Participation and momentum have dropped significantly on both sides of the market, but the…


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