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 $500.
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BTC/USD$ 89,310.93 3.44%
ETH/USD$ 3,164.48 3.82%
USDT/USD$ 1.00 0.03%
SOL/USD$ 216.92 0.10%
BNB/USD$ 637.14 0.14%
DOGE/USD$ 0.400064 3.07%
XRP/USD$ 0.731881 0.28%
USDC/USD$ 1.00 0.13%
STETH/USD$ 3,170.25 3.58%
ADA/USD$ 0.559724 5.29%
TRX/USD$ 0.179868 0.27%
SHIB/USD$ 0.000025 4.09%
TON/USD$ 5.34 0.80%
WSTETH/USD$ 3,769.14 3.57%
AVAX/USD$ 32.67 4.75%
WBTC/USD$ 89,181.89 3.34%
SUI/USD$ 3.39 2.16%
PEPE/USD$ 0.000023 21.35%
WETH/USD$ 3,172.85 3.66%
BCH/USD$ 429.51 2.38%
LINK/USD$ 13.35 5.41%
DOT/USD$ 4.94 7.06%
LEO/USD$ 7.49 1.34%
NEAR/USD$ 5.43 0.57%
APT/USD$ 11.66 5.37%
LTC/USD$ 81.08 5.62%
WEETH/USD$ 3,348.27 3.25%
USDS/USD$ 1.00 0.46%
UNI/USD$ 8.45 5.29%
CRO/USD$ 0.161823 9.24%
WIF/USD$ 4.05 10.42%
ICP/USD$ 8.30 5.82%
TAO/USD$ 517.45 7.79%
XLM/USD$ 0.126514 3.72%
KAS/USD$ 0.140644 6.62%
FET/USD$ 1.33 3.03%
DAI/USD$ 1.00 0.42%
ETC/USD$ 22.09 2.85%
WBT/USD$ 22.28 0.85%
USDE/USD$ 1.00 0.10%
POL/USD$ 0.368091 6.96%
STX/USD$ 1.89 5.93%
RENDER/USD$ 7.18 0.18%
XMR/USD$ 145.86 3.30%
OKB/USD$ 43.90 0.10%
BONK/USD$ 0.000038 1.10%
AAVE/USD$ 167.50 7.76%
MNT/USD$ 0.733039 0.30%
INJ/USD$ 24.75 1.29%
ARB/USD$ 0.602149 5.05%