Ethereum May Dive 35% as Price Sees Rejection at Crucial Resistance Level: Analyst

After attempting a breakout on June 1st, Ethereum saw a brutal rejection on June 2nd that saw it fail to decisively pass the $250 price resistance. Like Bitcoin, the second-largest cryptocurrency plunged 10%, falling as low as $225 on most spot exchanges. While Ethereum is still trading at prices higher than that seen just four days ago, the drop marked a strong rejection at a crucial resistance zone. This suggests the market has further to […]