Ethereum Price Analysis: Will $1600 Hold Strong Amidst the Market Downturn? | Headlines | News | CoinMarketCap

10/07/2023 19:39
Ethereum Price Analysis: Will $1600 Hold Strong Amidst the Market Downturn? | Headlines | News | CoinMarketCap

Amid the Bitcoin price struggling to breach the $28,500 level, many prominent cryptocurrencies have been subject to increased selling pressure during …

Published on October 07, 2023 12:30 GMT+00:00edited on October 07, 2023 12:34 GMT+00:00

Amid the Bitcoin price struggling to breach the $28,500 level, many prominent cryptocurrencies have been subject to increased selling pressure during their respective recoveries. Ethereum, the second largest cryptocurrency was no exception, experiencing a stark pullback from the $1745 supply zone. This resulted in a 7.8% decline over the past 5 days, dragging this altcoin’s

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