A bearish reversal from the new descending trendline on May 4 indicates that the traders continue selling on minor pullbacks. The ongoing correction had recently breached the $2800 support and challenged the lower support level of $2500. Thus, if coin holders lose this support, the Ethereum(ETH) price may plunge to January bottom support of $2300
The post Ethereum Price Prediction: $2500 Fallout May Tumble ETH Price By 8% appeared first on CoinGape.
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