Ethereum and Altcoins are at Great Risk! Has the Worst Begun?

We previously warned that the king of cryptocurrencies could drop to $29,700 in the coming hours. And it’s happening as expected. BTC is currently finding buyers at $29,790. Since the king of cryptocurrencies failed to surpass $30,400, it is now at $29,790 and could further deepen with panic selling. So what awaits Ethereum (ETH) and others? Here are the details. Ethereum (ETH) Analysis Ethereum (ETH) price reached the highest level of the year on July 14. However, it quickly dropped, putting the entire previous upward movement at risk. The current price of ETH is trading below a critical intersection of resistance levels, and the reaction to this could determine the direction of future trends. Considering the recent negativity in the Bitcoin sector, a larger drop in price seems possible. On June 21, the Ethereum price broke out of a declining resistance line. It then reached a local peak of $2,029 […] The post Ethereum and Altcoins are at Great Risk! Has the Worst Begun? appeared first on COINTURK NEWS.