Ethereum Risks Drop To $1,550 If It Doesn’t Reclaim Key Resistance – What’s Next For ETH?

Ethereum (ETH) has seen a 17% drop in the last month, trading below $1,850 for the past few days. Amid its current performance, an analyst has warned investors the cryptocurrency risks dropping to 17-month lows if it fails to reclaim key resistance levels. Related Reading: Aptos (APT) Ready For A Breakout? Analysts Eye 20% Rally If This Level Is Reclaimed Ethereum Could See Drop To $1,550 Ethereum has been trading below a key support zone for the past two days, hovering between $1,750-$1,840 after failing to recover the $1,900 mark on Wednesday. The second-largest cryptocurrency by market capitalization lost its 15-month range in early March, dropping below $2,100 for the first time since December 2023 source: https://www.newsbtc.com/news/ethereum/ethereum-risks-drop-to-1550-if-it-doesnt-reclaim-key-resistance-whats-next-for-eth/