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Analyst say Ethereum price could fall to $1,700 if the current climate prevails -Breaking

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© Reuters.

(BTCEther (ETHThe current volatility is still affecting the price of Bitcoin. This has led traders to rethink their short-term outlook and go back to the drawing boards. Bitcoin briefly traded on Feb. 17, 2017. The price dropped below $40,000Ether was unable to maintain support at $2900. This raises the possibility of a fall to $2,500.

From Cointelegraph Markets ProAnd TradingViewIt was shown that Ether dropped to $2,752 intraday after it hovered near $2,900 during the morning trading hours.

ETH/USDT 1-day chart. TradingView
1-day chart. Source: Twitter
ETH/USD 4-hour chart. Source: Twitter
ETH/USD 1-day chart. Source: Twitter