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**9 out of 10 Ethereum (ETH) Key Indicators Show Price Loss**
The Ethereum network has been experiencing a downturn in recent times, with most key indicators suggesting a loss in price. In fact, a staggering 90% of these metrics are showing a negative trend.
Ethereum’s upward momentum will continue to be extremely brittle until it can confidently break and hold above the $2,000 mark. According to analysts, the cryptocurrency might find itself stuck in the range of $1,750-$1,900 for the foreseeable future, with the risk skewed towards the downside.
This pessimistic outlook is fueled by several key indicators that are all pointing in the same direction. The lack of a clear breakout above this critical level will keep Ethereum’s progress extremely fragile and vulnerable to further losses.
In addition to this, the cryptocurrency’s inability to convincingly break and hold above $2,000 raises serious doubts about its ability to join any larger market rally.
Source: https://u.today/9-out-of-10-ethereum-eth-key-indicators-show-price-loss
