Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on June 12, 2022, 01:00:22 PM

Title: Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful 'Merge' rehearsal
Post by: newshunter on June 12, 2022, 01:00:22 PM

Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful 'Merge' rehearsal

ETH price could drop by another 25% this month, a mix of technical and fundamental indicators suggest.

Source: Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful 'Merge' rehearsal (https://cointelegraph.com/news/ethereum-eyes-fresh-yearly-lows-vs-bitcoin-as-bulls-snub-successful-merge-rehearsal)

Would appreciate your opinion about this

Title: Re: Ethereum eyes fresh yearly lows vs. Bitcoin as bulls snub successful 'Merge' rehearsal
Post by: Alcor on June 13, 2022, 03:19:44 PM

These technical predictions do not always come true. Let's hope that in this case such a further fall will not occur, and if it does, it will not be for long. Now the entire cryptocurrency continues to fall further. The price of bitcoin has now dropped to $23,741 and ethereum to $1,218. Yes, the fall in ethereum over the past week is 36 percent, and bitcoin 24 percent, so it is obvious that the fall in ethereum is more significant. However, many potential altcoins have fallen over 30 percent over the past week. I think that ethereum will catch up after a successful network upgrade.