Ethereum Price News: ETH Could Drop to $1,500 After Breaking Key Weekly Support
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Ethereum (ETH) is experiencing significant losses, with a 42.8% decline this year. The cryptocurrency has broken a key weekly support level, which could lead to a further drop to $1,500.
March 18, 2025 | 11:30 am
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Ethereum has broken a key weekly support level, leading to potential further declines. The cryptocurrency is down 42.8% this year, and analysts suggest it could drop to $1,500.
The breaking of a key support level is a significant technical indicator that often leads to further price declines. Given Ethereum's substantial losses this year, the likelihood of a drop to $1,500 is increased.
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