Are these altcoins dead? Ethereum, XRP and Cardano price trends show signs of weakness
Ethereum Merge behind us, a phase of Bitcoin dominance has commenced and altcoins have suffered a decline in the past week. The current market cycle is marked by long accumulation and long consolidation phases, analysts [...] The post Are...
HomeAltcoinsAre these altcoins dead? Ethereum, XRP and Cardano price trends show signs of weakness
- Ethereum Merge behind us, a phase of Bitcoin dominance has commenced and altcoins have suffered a decline in the past week.
- The current market cycle is marked by long accumulation and long consolidation phases, analysts consider this worse than a bear market.
- Ethereum price is on a steep decline, analysts have set a downside target of $1,277 for the altcoin in the ongoing bloodbath.
Successful completion of the Merge has paved the way for Ethereum’s 18%…
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