Ether Faces 30% Drop: What Lies Ahead for Its Price?

Ether's value plummets by 30%, raising concerns about its potential decline to the $1,000-$1,400 bracket amid technical indicators.

The cryptocurrency market is witnessing a significant downturn, with Ether experiencing a remarkable plunge of 30%. Recent trends suggest that Ether's price may continue to slide, potentially reaching the $1,000 to $1,400 range.

Various bearish technical analysis and on-chain indicators are signaling this risk, prompting careful scrutiny from investors and analysts alike. As the market grapples with this volatility, many are left wondering where the bottom for Ether might be.