Crypto Crash Continues, Ethereum Price All Set to Plunge Below $2000 if ETH Fails at These Levels!

A brutal attack on the crypto market continues as the Bitcoin price slides below $34,000 while the Ethereum price slides down beneath $2500. While no major possibilities of a rebound are being witnessed at present, the ETH price is expected to crash another 18% to 20% in the upcoming days. And eventually, the traders may ….

Timeline of Ethereum

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.

Ethereum price analysis is bearish today as we saw a strong drop lower again after consolidation yesterday. Therefore, more downside could follow past the $2,500 next support as selling pressure is still strong.

Instagram plans to integrate non-fungible tokens (NFTs) from top platforms such as Solana, Ethereum Flow, and Polygon, Coindesk reported. The social media platform is expected to announce a pilot scheme as soon as Monday.

Just a day after crashing 7% along with other major cryptocurrencies, Ethereum is back again in the news. There is growing uncertainty over its short-term prediction with different data sets suggesting more confusion for investors.

Ethereum's progress seems to have absolutely stalled as the king of altcoins has failed to recuperate its losses from the first quarter of the year. Edging around $3k, ETH was still doing better until the end of April, right after which the altcoin lost extremely crucial support that could have helped it bounce back towards

After a massive price drop over the last two days, the cryptocurrency market has calmed down. ETH is now trading at a significant support level. The weekend has been rather stable on the daily timeframe, after the bears forced the price down more than 10% in the previous two days. Ethereum – Calm Before the …

As per the latest data released by Santiment, on 7 May, the Ethereum network experienced a 3.4 times rise in the number of transactions as compared to any other day. The tweet further went out to state that with the ongoing market capitulation, this is the first time in the last 3.5 years that the

The cryptocurrency market has calmed down after the massive drop over the last two days. Currently, ETH lies on top of a critical support level, which most analysts refer to as a key level developed over the previous 12 months.

Ethereum price analysis is bullish today as we expect the second retest of $2,650 to offer enough support for a reversal to follow. Therefore, ETH/USD should head higher and retrace some of the previous losses.

Cryptocurrency prices today continued to decline with Bitcoin falling below the $35,000 level. The world's largest and most popular cryptocurrency was trading more than a percent lower at $35,940. The global crypto market's value today slipped over 8% in the past 24 hours to $1.76 trillion. Amid volatility and fear in the market, Ethereum price …