Top 3 reasons why the Ethereum price may crash to $1,500 soon
Ethereum (
$ETH ) token dropped to $1,937, down sharply from the all-time high of $4,943, and key factors suggest that it has more downside, potentially to the key support level at $1,500.
Ethereum price technical points to more downside
The weekly timeframe chart shows that the ETH price has remained under pressure in the past few months. It has dropped in the last five consecutive weeks, and is hovering near its lowest level since May last year.
The coin has dropped below the key support level at $2,145, invalidating the inverted