ETH Price Crash To $3K Soon: Can Ethereum ETF Inflow Minimize Impact?

Quick Summary:

Technical chart patterns suggest that Ethereum has been struggling to continue its upward momentum.

ETH price has continued to see strong selling pressure following the rejection at $4,000 as analysts predict a further crash under $3,000.

As a result, the altcoin might take a dip under $3,000 before resuming the upward journey.

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Article Details

Author / Journalist: Bhushan Akolkar

Category: Crypto

Markets: India

Topics: ETH price Ethereum ETF 24/7 Cryptocurrency News Ethereum ETF inflow Ethereum (ETH)

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-27 @ 10:13:36 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24689042

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About CoinGape

Main Topics: Crypto

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News Last Updated: 14 hours ago

Coverage Areas: India

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