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Ether price again rejected at $2K: How low can ETH go in March?
๐คAI 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
- โETH price faced rejection at the $2,000 resistance level once again
- โKey support is established at $1,800 which coincides with a lower trend line
- โTechnical analysis suggests potential drop below $1,500 if support fails
- โThe chart pattern warns of further downside risk for March
- โThe $1,800 level represents a critical make-or-break point for ETH
Read Original โvia CoinTelegraph
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