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Traders target $1,400 Ethereum price after ETH drops closer to a critical support level -Breaking

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After ETH declines closer to a critical level of support, traders aim for $1,400 Ethereum prices

Successfully completed the Ethereum Network’s June 8th upgrade Merge to be proof-of-stakeThe news did not have an impact on the Ropsten testnet. ETH price.

Analysts have maintained a bearish short-term outlook on Ether prices, with the Ropsten upgrade looking less like a “buy the rumor and sell the news” type event. Let’s look at it.

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