Ethereum On Track to Tap Bullish Support Region, Could Catalyze Move to $260

Ethereum On Track to Tap Bullish Support Region, Could Catalyze Move to $260

Bitcoin’s recent drop to the low-$8,000 has sent bearishness echoing across the aggregated market, leading major altcoins like Ethereum to post relatively large losses. ETH, which was testing an upwards break above $190 prior to BTC’s drop, is now trading below a key support level.

Ethereum’s break below this key support level could mean that further losses are imminent, but analysts are noting…

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