Most Brutal XRP Price Drop in Years, Is Ethereum (ETH) About to Lose $3,000? Is Bitcoin (BTC) Really Doomed?

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Brutal reversal we have witnessed might end badly for this bullish cycle

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The recent price trajectory has not been kind to Ethereum, as the 100-day exponential moving average , currently near the $3,050 level, is being tested. This average has often provided some buoyancy, but its strength as a support level is not ironclad. Should Ethereum fail to maintain this level, a drop below $3,000 seems increasingly plausible.However, it is worth considering the potential for a reversal.

 

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