ETH prediction for today: ETH has fallen in price by 4.3%, with selling interest noted near $2,000
ETH prediction for today: ETH has fallen in price by 4.3%, with selling interest noted near $2,000
Rather unexpectedly, the fall of the U.S. dollar amid a slowdown in U.S. consumer inflation did not in any way contribute to the growth of cryptocurrencies, including Ethereum. Moreover, like many other tokens, it was subjected to a sell-off, against which it lost 4.3% in price after breaking support near the $2,020 level and testing the $1,933 point.
The selling interest, which limits attempts to recover the token, is currently marked near the $2,000 level, below which there is a risk of a fall towards $1,950-1,930. There is a possibility of a return above $2,020/30 if the SEC approves applications to launch a BTC ETF, but growth on this news may also be short-lived.
Source: Ethereum (ETH) price prediction.
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