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17.11 - 07:23
What are the odds of Ethereum falling back under $4K again
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After briefly dropping down to $3888, Ethereum had registered a quick recovery to $4150 at press time. In fact, ETH looked ready to re-test its immediate resistance at $4238. However, the correction should be taken more into consideration with how on-chain fundamentals acted.
There might be multiple factors in play at the moment, factors that may play a vital role in dictating the price direction for Ethereum.
Source: Trading View
At the moment, Ethereum’s price position is ready for a classic
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