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 $400, however, there has been a struggle to remain above $300. Even today, we see ETH drop below $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 be solidified was turned on its head and new altcoins suddenly entered the top 10 by market cap. It is very difficult for any major currency to find solid support right now. The Ethereum price is perhaps a good example of the recent we have seen in all markets.

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

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