Hey kids, let's talk about Ethereum (ETH), a type of cryptocurrency like Bitcoin! Recently, the price of ETH went down a bit.
It's like a rollercoaster – sometimes it goes up, sometimes it goes down. This time, it's dipping below important price levels. But don't worry, it's part of the ups and downs of the crypto world!
- Ethereum's price dropped below $2,450.
- There's a chance it could go even lower.
- But it might also go back up if it passes certain price points.
Price Level | What it means |
---|---|
$2,250 | Important support level. If it goes below this, it might drop further. |
$2,450 | Important resistance level. If it goes above this, it might go up. |
$2,500 | Another important resistance level. |