Ethereum (ETH) has recently tested its $1,800 support level, causing concern among investors about the cryptocurrency’s future performance. On the other hand, Collateral Network (COLT) looks set to pump up to 35x its current price, as it is gaining traction with investors during the ongoing presale of discounted COLT tokens. Let’s take a closer look at the two cryptocurrencies and their recent performance.
Will the $1,800 Support Level Hold for Ethereum (ETH)
For Ethereum (ETH), $1,800 has been a key support level for quite some time. Holding above this price point provides confidence to investors that Ethereum (ETH) is moving in the right direction, as a break below this level could signal further downside for the cryptocurrency.
Fortunately, Ethereum (ETH) recently tested its $1,800 support level and held above it. This is good news for investors looking to gain exposure to Ethereum (ETH), as it signals that the bullish rally could continue.
Ethereum (ETH) started the year trad
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