Can ETH withstand the overall market drop? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
On the hourly chart, the rate of Ethereum has made a false breakout of the recently formed support level at $1,726.
If buyers can seize the lost initiative and get the price back to $1,760, the upward move may continue to the $1,780 mark.On the daily time frame, the price of ETH is about to fix below the important support at $1,737. If it happens, the accumulated energy might be enough for a more profound decline to the $1,700 area within the next few days.
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