Ethereum Price Prediction & Analysis: 27 February
Like the Bitcoin market, the spot market for the world’s largest altcoin, Ethereum [ETH], also seemed to be crumbling under bearish pressure. At the time of writing, the digital asset had lost 27% of its value over the week, with ETH trading at $1,491. In fact, ETH was trading at a level that was extremely close to its support at $1,479, and if it breaches this level, the altcoin may slide further down the price charts.
#ETH
Like the Bitcoin market, the spot market for the world’s largest altcoin, Ethereum [ETH], also seemed to be crumbling under bearish pressure. At the time of writing, the digital asset had lost 27% of its value over the week, with ETH trading at $1,491. In fact, ETH was trading at a level that was extremely close to its support at $1,479, and if it breaches this level, the altcoin may slide further down the price charts.
#ETH
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