Demand Pressure at Key $1500 Support Hints ETH Price Rally of 15%

The October opening weeks have proven harsh for Ethereum, as the cryptocurrency saw its value drop from $1,765 to a present-day trading figure of $1,538. This 10.7% descent effectively nullified all of the obtained gains from the previous month, dragging it back to the crucial $1,500 support level. Sentiment Result : N

The October opening weeks have proven harsh for Ethereum, as the cryptocurrency saw its value drop from $1,765 to a present-day trading figure of $1,538. This 10.7% descent effectively nullified all of the obtained gains from the previous month, dragging it back to the crucial $1,500 support level.