{"id":50672,"date":"2022-06-14T19:47:40","date_gmt":"2022-06-14T19:47:40","guid":{"rendered":"https:\/\/harchi90.com\/ethereum-crashed-by-94-in-2018-will-history-repeat-with-eth-price-bottoming-at-375\/"},"modified":"2022-06-14T19:47:40","modified_gmt":"2022-06-14T19:47:40","slug":"ethereum-crashed-by-94-in-2018-will-history-repeat-with-eth-price-bottoming-at-375","status":"publish","type":"post","link":"https:\/\/harchi90.com\/ethereum-crashed-by-94-in-2018-will-history-repeat-with-eth-price-bottoming-at-375\/","title":{"rendered":"Ethereum crashed by 94% in 2018 – Will history repeat with ETH price bottoming at $ 375?"},"content":{"rendered":"
Ethereum’s native token Ether (ETH) is showing signs of bottoming out as ETH price bounced off a key support zone. Notably, ETH price is now holding above the key support level of the 200-week simple moving average (SMA) near $ 1,196. <\/p>\n
The 200-week SMA support seems purely psychological, partly due to its ability to serve as bottom levels in the previous Bitcoin bear markets. <\/p>\n