Ethereum’s native token, Ether (ETH), continues to consolidate under $2,000, which some traders view as a psychological level. Ether price slipped below this range on March 10, and the altcoin continues to trade at its lowest value since October 2023.
Ethereum 4-hour chart. Source: Cointelegraph/TradingView
Ether price has also lost market value with respect to other major altcoins, with XRP price reaching its highest level against ETH in five years on March 15.
The real question among…
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