Ethereum price is continuing to fall. It is currently traded at the long-term correction peak. Is there a way for the price to go up?
USDT\ETH
Fall in demand
The fact that Ethereum price could settle at $300 just confirms the upward trend is weak. This mark is important for growth since it was the point of the biggest offer. It wasn’t able to uphold, so obviously the supply surpassed the demand. But at the moment, the fall in demand seems to be temporary. Sharp upward impulses after sharp fall only prove that. According to
Vitalik Buterin, the Ethereum network development influences the ETH course.