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

[newshunter]

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

Would appreciate your opinion about this

[Noverteno]

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.