Krutika Adani
The price of Ethereum broke $3000 and reached $2860, causing a 10% fall within the last 24 hours.
The possibility of a further fall intensified as Ethereum breached key support with a 52.6% increase in trading volume in the last 24 hours.
Ethereum prices might recover by the end of next week as the launch of its much-awaited ETFs draws near.
The launch of Ethereum ETFs might raise ETH’s price above $3.3k, possibly resulting in a full recovery from the current fall.
A recovery rally could soon be possible if ETH prices manage to hold $2800.