Bloomberg Intelligence senior macro strategist Mike McGlone says that Ethereum’s (ETH) future price hinges on it maintaining a key support level. McGlone says that if Ethereum’s support level at $1,000 crumbles, the second-largest crypto asset could fall to a two-year low of around $500.
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BTC/USD$ 63,241.94 1.15%
ETH/USD$ 2,651.39 4.70%
USDT/USD$ 0.999504 0.05%
BNB/USD$ 608.78 5.34%
SOL/USD$ 143.80 1.65%
USDC/USD$ 0.999634 0.03%
XRP/USD$ 0.585861 0.92%
STETH/USD$ 2,650.96 4.78%
DOGE/USD$ 0.107686 3.47%
TON/USD$ 5.61 1.59%
TRX/USD$ 0.152268 0.50%
ADA/USD$ 0.361091 5.00%
AVAX/USD$ 27.28 2.75%
WSTETH/USD$ 3,132.82 4.19%
WBTC/USD$ 63,176.93 1.14%
SHIB/USD$ 0.000014 1.76%
WETH/USD$ 2,653.65 4.80%
LINK/USD$ 11.42 4.93%
BCH/USD$ 341.18 1.86%
DOT/USD$ 4.42 4.01%
NEAR/USD$ 5.12 15.89%
DAI/USD$ 0.99921 0.16%
UNI/USD$ 6.86 5.46%
LEO/USD$ 5.57 2.83%
LTC/USD$ 67.03 0.63%
WEETH/USD$ 2,782.42 4.63%
SUI/USD$ 1.55 1.15%
FET/USD$ 1.64 5.04%
ICP/USD$ 8.67 7.69%
KAS/USD$ 0.164125 1.37%
TAO/USD$ 545.27 18.78%
APT/USD$ 7.83 0.72%
PEPE/USD$ 0.000008 4.04%
XMR/USD$ 172.06 1.89%
FDUSD/USD$ 1.00 0.73%
POL/USD$ 0.40561 2.93%
IMX/USD$ 1.79 9.71%
XLM/USD$ 0.096186 1.33%
ETC/USD$ 19.10 3.10%
STX/USD$ 1.86 11.41%
AAVE/USD$ 173.22 11.82%
USDE/USD$ 0.998303 0.11%
RENDER/USD$ 6.18 13.77%
OKB/USD$ 40.05 0.20%
CRO/USD$ 0.086051 2.51%
FIL/USD$ 3.75 3.60%
INJ/USD$ 22.25 7.34%
HBAR/USD$ 0.057677 9.80%
ARB/USD$ 0.598786 2.45%
MNT/USD$ 0.630308 1.59%