Ethereum Price To Drop Below $1k - Bloomberg

Arrow

As per Bloomberg reports, the second largest crypto, Ethereum is at risk of dropping to the $1,000 low or even of going under it.

Bloomberg cited technical indicators, that hints ETH’s fall from the August high of $2,000 to the current $1,500 level may take it much lower.

Katie Stockton, co-founder of Fairlead Strategies, told Bloomberg that ethereum is risk of falling much lower in the short-term has become stronger than before.