Ethereum Price Crash: If History Repeats ETH Price Might Drop To this Level!
The final day of the week is neutral for the cryptocurrency market as certain coins are in negative territory while the prices of others are climbing, so it appears that the holiday spirit did not spread to the market.ăăHowever, with the uncertainty of the cryptocurrency market, anything can cause a price change and the crypto wires are constantly being flooded with FTX updates and regulatory noise.ăăTalking about the second-largest cryptocurrency, Ethereum, the price fell in the middle of December, it instantly slid sideways and broke through some important support levels.ăăEthereum may be heading toward an epic collapse. Expert and analyst Nicholas Merten issued a dire warning and said that Presyo ng ETH has serious issues that might cause it to lose up to 75% of its value from its current price of $1,220.ăăâAng aming target na hanay para sa Ethereum ay nasa paligid ng $300 hanggang $500. Sa palagay ko ay hindi ito maninirahan doon nang matagal, ngunit may kinalaman ito sa katotohanan na sa ngayon, mayroong isang malaking skeleton closet na higit sa $1.5 bilyon ng pinagsama-samang pagpuksa na posibleng mangyari sa DeFi [desentralisadong pananalapi] ecosystem para sa Ethereum.âăăMerten used a graph to show the Ethereum DeFi protocol liquidation