Ethereum (ETH) reached a weekly low of $1,804 on August 7.
The leading altcoin has struggled to cross the 1,900 level for the past few weeks staying between a range of $1800 – $1850.
Ethereum (ETH), the leading altcoin by market capitalization, has experienced a slight recovery of 0.13% after reaching a weekly low of $1,804 on August 7. However, the trading price of ETH still stays below the $1,900 mark, showing bearish momentum in the crypto market.
Yesterday, Ethereum experienced a downtrend that resulted in a weekly low of $1,804. In the past few weeks, the trading price of ETH has maintained below the $1,900 level, staying between $1800 – $1850. While the entire crypto market is waiting for ETH to hit the $2K mark, the leading altcoin is struggling to cross the 1,900 level.
The year 2023 has been a rollercoaster ride for the Ethereum trading price. The second-largest cryptocurrency has started the year with bearish momentum. However, in April, ETH crossed the $2K mark for t
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