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Ether (ETH) could see another sharp drop after losing the support level at $2,800, with technical charts and onchain data suggesting the downtrend will continue.
Key takeaways:
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Ether’s descending and symmetrical triangle setups converge at $2,100.
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Ether is at levels that have previously preceded deeper price corrections, based on onchain data.
Ether’s chart technicals converge at $2,100
The ETH/USD pair has dropped by over 10% in the last three days, dipping below the key support at $2,800.
Ether has not…
