ETH Plummets 10% in a Week on FTX Drainer Swaps, Where’s the Bottom? (Ethereum Price Analysis)

ETH Plummets 10% in a Week on FTX Drainer Swaps, Where’s the Bottom? (Ethereum Price Analysis)


Crypto Potato
2022-11-22 15:10:27

After a significant crash in the cryptocurrency market due to the FTX bankruptcy, Ethereum’s price has dropped to a decisive support level of $1K. A further decline is expected if the mentioned level fails to hold. The upcoming price action should determine Ethereum’s mid-term direction. Technical Analysis By Shayan The Daily Chart Ethereum’s price has