- Ethereum price shows no signs of slowing down after dropping 15% in the last day.
- This downswing is likely to continue until ETH finds a stable footing at $1,284.
- Invalidation of the bearish outlook will occur if ETH produces a swing high above $1,700.
Ethereum price is undergoing a selling spree after a massive, week-long rally that pushed its price up by more than 60%. As a result, ETH is currently scrambling to find stable support levels.
Ethereum price on a…
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