Ethereum Price Forecast – ETH/USD Completes 50% Fibonacci Retracement! - FX Leaders
ETH/USD closed at 2237.31 after placing a high of 2338.53 and a low of 1948.93. ETH/USD dropped for three consecutive days and reached near 2100 level following the recent crypto market crash. On Friday, Ethereum prices reached their new all-time high ATH at 2544 level; however, from there, ETH started to reverse. The bearish momentum continued for three days, and prices reached their lowest since April 4th. The Ethereum prices fell below 2000 level after 2-weeks amid the recent decline in the cryptocurrency market that is supposedly triggered by the latest ban of cryptocurrency transactions in Turkey.
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