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Ethereum Price Set For $1,700 Crash
A crypto analyst has predicted that the Ethereum price could be gearing up for an additional 13% crash to new lows. Currently, the cryptocurrency is hovering near the crucial $2,200 resistance, where a rejection could fuel further volatility and trigger a significant decline.
Ethereum Price Set For $1,700 Crash
In a recent technical analysis published by MadWhale, a TradingView crypto expert, the Ethereum price is projected to experience a severe price breakdown, declining by 13% to reach $1,700. The analyst attributes this bearish outlook to the cryptocurrency’s recent price action and chart patterns.
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Conclusion
In conclusion, the Ethereum price is expected to experience a significant decline to $1,700, according to a crypto analyst. This prediction is based on the cryptocurrency’s recent price action and chart patterns. The analyst attributes this bearish outlook to the Ethereum price’s recent price action and chart patterns.
FAQs
Q: What is the current price of Ethereum?
A: The current price of Ethereum is $1,989.
Q: What is the predicted price of Ethereum?
A: The predicted price of Ethereum is $1,700.
Q: Why is the Ethereum price expected to decline?
A: The Ethereum price is expected to decline due to its recent price action and chart patterns.
Q: What is the potential profit for investors if Ethereum reaches the predicted price?
A: If Ethereum reaches the predicted price, investors could potentially see a 100% profit.
Q: When is the predicted price expected to be reached?
A: The predicted price is expected to be reached in the near future, according to the analyst’s forecast.
![Crypto Recovery Pump Incoming!! [DUMP NEARLY OVER – ACT NOW]](https://i.ytimg.com/vi/MrMeVsgZJPU/maxresdefault.jpg "Crypto Recovery Pump Incoming!! [DUMP NEARLY OVER – ACT NOW]")
