Ethereum Drops To $1,300 Amid Bear Assault, What’s Next For ETH Price?

[AJBot]

Ethereum has been following the general trend in the crypto market, giving back its profit obtained over the past week. The cryptocurrency was moving in tandem with Bitcoin and large cryptocurrencies, but now ETH’s price is reacting to new economic data published in the United States. At the time of writing, Ethereum trades at $1,300 with a 2% loss and sideways movement in the last week. Other cryptocurrencies in the top 10 by market capitalization record similar price action with the exception of XRP. This token is showing strength against the trend and continues to knock on profits over ...

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[Shaffy]

I think prices would still go lower. A lot of people are waiting for prices sub $1,000 to star bagging Ethereum. We also don't know what the bottom is for Bitcoin and for now, it moves the market how it wishes.