Ethereum has weakened from $1,679 to $1,543 since Mar. 02, and the current price stands at $1,570. The price continues to stay below the 10-day moving average, indicating that the negative trend is still not over. The cryptocurrency market continues to face a trust crisis after the collapse of the FTX cryptocurrency exchange created unprecedented market turmoil that could last for several more quarters.<\/p>\n\n\n\n
If buyers cannot restore the rate shortly, there are high chances to see a further decline to the support level at $1,500, and if the price breaks this level, we could see Ethereum at $1,300.00 or even below. The important resistance level for Ethereum stands at $1,800, and if the price advances above this level, the next target could be $1,900 or even $2,000.<\/p>\n","post_title":"Bitcoin And Ethereum Price Prediction After Silvergate Capital Announced That It's Experiencing Operational Issues","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"bitcoin-and-ethereum-price-prediction-after-silvergate-capital-announced-that-its-experiencing-operational-issues","to_ping":"","pinged":"","post_modified":"2023-04-10 17:25:35","post_modified_gmt":"2023-04-10 07:25:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=10261","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};