Here’s the “Do or Die” Price That Will Determine Ethereum’s Macro Trend

The crypto has been hovering around this price level for many days now, struggling to recapture its position within its long-held trading range. Bitcoinist reported about this pattern earlier this week, citing an analyst who said: Death crosses like this tend to be trailing indicators that point to underlying weakness.

The weakness that helped shape this death cross could lead Ethereum down towards its critical high time frame support at $210. One analyst believes that the reaction to this level will determine the crypto’s future.

Timeline of Ethereum