- Ethereum price is trading within a narrow range.
- A 12-hour candlestick close below the 200 MA could see it crash to $2,000.
- Only a break of the $3,000 resistance level could save ETH from lower lows.
Ethereum price seems to be losing strength as it looks prime to break below a crucial area of support.
Ethereum price primed to retrace
In the following video, FXStreet’s analysts evaluate where Ethereum price could be heading next as ETH fails to hold above crucial support.
