Ethereum has been one of the worst-performing major altcoins throughout the past few days, with the cryptocurrency plunging from weekly highs of $490 to lows of $330 that were set earlier today.
The cryptocurrency now appears to be at risk of seeing even further downside, as it lost the support it was attempting to establish at $350 and is currently in the process of sliding lower.
If it breaks below its recent lows of $330, the crypto may soon see a massive influx of selling pressure that sends it reeling to fresh multi-week lows.
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https://www.newsbtc.com/2020/09/06/ethereum-posts-massive-losses-as-likelihood-of-a-recovery-decreases/