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Ethereum Loses $1,500 Grip As ETH Heads Down To Correction Phase

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Ethereum may have finally exhausted its energy after going full throttle over the last few days that enabled it to briefly hit $1,675. As the altcoin alpha has finally entered the expected correction phase, analysts shared their thoughts, saying the crypto, at all cost, must hold its $1,500 support zone if it hopes to initiate another bullish rally anytime soon. Let’s take a quick glance at how Ether has performed so far this month: Ethereum failed to hold the crucial $1,500 support marker ETH has declined by 6.3% over the last seven days Three million addresses holding 9 million ETH co ...

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