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Weekly Ethereum Trend Displays a Scary Outcome, ETH Price May Slide Back to $2000 Soon!

17 Mar, 20221 min readEthereum
Weekly Ethereum Trend Displays a Scary Outcome, ETH Price May Slide Back to $2000 Soon!

The crypto-space has managed to recover from the recent losses somehow as Bitcoin price maintains its trend along with $40,000. And hence Ethereum is also leaving no stones unturned to reach the $3000 levels at the earliest. The ETH price may eventually smash $3000 but unfortunately may not sustain effectively. As the larger time frame forecast is currently pretty bearish which point out towards a drastic drop.

The price no doubt was preparing from a couple of days to rise high and solidify the uptrend for a long time. However, the asset struggled to enter the pivotal zones and hence with a notable reduction in buying volume, it’s pretty uncertain at the moment. However, once the price seals the $2800 levels then it may be extremely easy for the asset to surge above $3000. But the trade set up manifest a diverse trend which is displays a huge bearish well awaiting ahead.

Story to be updated!

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