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Learning & News => News related to Crypto => Topic started by: newshunter on December 07, 2022, 07:00:48 PM

Title: 3 reasons why Ethereum price keeps rejecting at the $1,300 level
Post by: newshunter on December 07, 2022, 07:00:48 PM

3 reasons why Ethereum price keeps rejecting at the $1,300 level

Traders are not sure if ETH will be able to hold the $1,200 level while the S&P 500 rapidly approaches the crucial 3,900 support and ETH derivatives data hints at more downside.

Source: 3 reasons why Ethereum price keeps rejecting at the $1,300 level (https://cointelegraph.com/news/3-reasons-why-ethereum-price-keeps-rejecting-at-the-1-300-level)

Would appreciate your opinion about this

Title: Re: 3 reasons why Ethereum price keeps rejecting at the $1,300 level
Post by: Noverteno on December 08, 2022, 09:00:39 PM

Ethereum is one of the most promising coins in the cryptocurrency market. After the recent transition to the PoS algorithm and a number of updates that increase the efficiency of this network, this coin is expected to continue to grow. In a period of great change, the number of skeptics also grows. But I will keep ethereum coins, because I believe in their prospects. Now the whole market is going through hard times. Coins may temporarily fall in price, but the best will survive, led by ethereum.