Ethereum price plummets to $1,682 with a 5% drop! What could trigger the next move?
The price of Ethereum, the largest altcoin, has slipped to around $1,682, losing nearly 5% in value during the day. This latest decline pushed ETH below its key ascending trend line, signaling a break in upward momentum. According to analysts, the next major zone to watch is the $1,500 support region as traders brace for increased market volatility.