Ethereum price crumbles below support, targets $2,700

  • Ethereum price has downward Fibonacci projection targets at $2,900 and $2,670.
  • ETH price volume has increased in bearish favor.
  • Invalidation for the bearish count is a break above $3,300.

Ethereum price has suffered a blow at the $3,200 support level. Investors should consider further drops in the ETH price as the bears display strong control.

Ethereum price support has vanished

Ethereum price is at the time of writing, trading at $3,040 and retesting a key…


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