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โ›“๏ธ Crypto๐Ÿ”ด BearishImportance 6/10Actionable

Ether price again rejected at $2K: How low can ETH go in March?

CoinTelegraph|Cointelegraph by Nancy Lubale||4 views
Ether price again rejected at $2K: How low can ETH go in March?
Image via CoinTelegraph
๐Ÿค–AI Summary

Ethereum's price has been rejected at the $2,000 resistance level again, with technical analysis suggesting a critical support at $1,800. A breach below this support level could lead to further downside toward $1,500 based on chart pattern analysis.

Key Takeaways
  • โ†’ETH price faced rejection at the $2,000 resistance level once again
  • โ†’Key support is established at $1,800 which coincides with a lower trend line
  • โ†’Technical analysis suggests potential drop below $1,500 if support fails
  • โ†’The chart pattern warns of further downside risk for March
  • โ†’The $1,800 level represents a critical make-or-break point for ETH
Mentioned Tokens
$ETH$0.0000โ–ฒ+0.0%
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Read Original โ†’via CoinTelegraph
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