Ethereum Price Fails to Turn the $300 Level Into Solid Support …

The Ethereum price matters to a great deal of people these days. Given the altcoin’s bullish run throughout 2017, a lot of people decided to purchase ETH in the hope of making a profit. Ever since the Ethereum price hit US$400, however, it has struggled to remain above US$300. Even these days, we see ETH drop below US$300 on a regular basis despite some solid attempts to reclaim that position.

Ethereum Price Still Seeks Solid Support

No one can deny the cryptocurrency markets have all been pretty volatile over the past few weeks. Any trend that seemed to have solidified was turned on its head and new altcoins suddenly entered the ranks of the top cryptocurrencies. It is very difficult for any major currency to find solid support right now. The Ethereum price is perhaps the best example of the recent we have seen in all markets as of late.

Even the past week has seen some interesting swings, to say the least. With the value dropping from US$305 to US$292, a downtrend had seemingly set in. However, this dip was bought and the Ethereum price quickly pushed past US$300 again. A second dip pushed the price below US$285 for a brief moment before it

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