Ethereum’s failure to close above $1.3K prompts analysts to predict more downside


$ 84,619.0
€ 78,375.7
¥ 38,800.0
£ 65,449.5
BTC
2.01 %
$ 1,878.21
€ 1,740.10
¥ 861.41
£ 1,453.34
ETH
2.37 %
$ 218.91
€ 202.77
¥ 100.51
£ 169.40
XMR
0.90 %
$ 83.05
€ 76.92
¥ 38.09
£ 64.26
LTC
-0.80 %

ETH price saw a brief breakout following the successful merge on the Sepolia testnet, but analysts say the altcoin’s failure to flip $1,300 to support hints at further downside.