On October 8th, the higher price rejection at $1400 resistance level indicates the traders continue to face selling pressure. Today, the Ethereum price is down 1% and currently trades at $1338. However, this current sell-off could be aligned with the increasing possibility of another of 75 bps Fed rate hike in November. Key points: The The post Here’s Why The Ethereum Price Is Likely To Break $1200 Support appeared first on CoinGape.
