Ethereum Just Plunged 15%: Here’s What Analysts Think Comes Next

[Lenipiw]

Ethereum has severely underperformed Bitcoin over recent days as bears have returned to the crypto market. The leading cryptocurrency has collapsed by 17% in the past 24 hours alone, falling below pivotal support levels.

ETH trades at $325 as of this article’s writing, far below the local highs around $490. $325, in fact, is 33% below the year-to-date highs.

With Ethereum experiencing such a strong retracement, analysts have been trying to gauge what is next for the now beaten-and-bruised crypto market.
Visit here: https://www.newsbtc.com/2020/09/05/ethereum-just-plunged-15-heres-what-analysts-think-comes-next/