No, not my crypto!

The crypto market still in great difficulty… Ethereum (ETH), one of the strongest cryptocurrency in the world, has fallen dramatically below its 2018 peak price. The Ethereum market has fallen below the ETH Realized Price of $1,781.

Moreover, we can add that the Relative Strenght Index (RSI), a technical trading indicator, "is deep into oversold territory for ETH" according to Martin Young, a journalist for FX Empire.

• A trend that it's likely to continue… Indeed, technical analysts are predicting a massive collapse in the ETH value. Gloomy forecasts put the ETH price at around $650.
• What we must keep in mind… The value of ETH as well as all the other cryptocurrency is very volatile and changes very quickly. The important thing to remember is that, despite its current collapse, its long-term prospects are excellent.

Source: finance.yahoo.com