Ethereum to Have Massive Plunge Upto 80%  Says Analyst

Arrow

According to John Roque of 22V Research, Ethereum might drop to $420, representing an 80% decline from its current price.

The trader believes Ethereum, which is presently trading at $2,000, is about to break through the support zone and will most likely fall below $420. Roque drew attention to a price range in which $3,580 is the top and $2,000 is the bottom.  

While the analyst claims that Ethereum is basically "over" yet the important support levels for the second largest crypto  on the market may still  be seen.