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 $500.
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BTC/USD$ 96,691.91 1.97%
ETH/USD$ 3,307.74 3.10%
USDT/USD$ 0.999237 0.18%
SOL/USD$ 244.37 5.27%
BNB/USD$ 643.32 3.65%
XRP/USD$ 1.32 13.65%
DOGE/USD$ 0.403776 14.19%
USDC/USD$ 0.99811 0.18%
ADA/USD$ 0.977097 9.11%
STETH/USD$ 3,306.74 3.32%
TRX/USD$ 0.203452 7.28%
AVAX/USD$ 39.09 8.71%
XLM/USD$ 0.513923 17.88%
TON/USD$ 5.89 2.31%
SHIB/USD$ 0.000025 10.08%
WSTETH/USD$ 3,937.06 1.87%
WBTC/USD$ 96,502.86 1.79%
DOT/USD$ 8.25 0.01%
LINK/USD$ 16.39 6.59%
BCH/USD$ 485.27 8.85%
WETH/USD$ 3,317.85 2.78%
SUI/USD$ 3.23 9.32%
PEPE/USD$ 0.00002 10.52%
LEO/USD$ 8.65 1.26%
NEAR/USD$ 6.08 4.29%
LTC/USD$ 93.04 9.59%
APT/USD$ 11.68 8.33%
UNI/USD$ 10.43 2.49%
WEETH/USD$ 3,496.15 2.15%
HBAR/USD$ 0.141105 6.60%
USDS/USD$ 0.997855 0.12%
ICP/USD$ 10.64 7.98%
CRO/USD$ 0.184924 4.45%
POL/USD$ 0.527575 6.29%
ETC/USD$ 27.52 9.61%
USDE/USD$ 1.00 0.18%
RENDER/USD$ 7.41 4.95%
KAS/USD$ 0.145654 9.74%
TAO/USD$ 493.75 6.67%
FET/USD$ 1.40 2.89%
WBT/USD$ 24.38 1.00%
DAI/USD$ 0.998898 0.13%
ARB/USD$ 0.814332 5.01%
ATOM/USD$ 8.49 4.57%
BONK/USD$ 0.000044 14.39%
VET/USD$ 0.03979 8.69%
OM/USD$ 3.59 7.03%
FIL/USD$ 5.32 0.95%
OKB/USD$ 51.98 1.83%
TIA/USD$ 7.18 16.00%