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Ethereum Price Hits 300-Week MA For The Second Time Ever, Here’s What Happened In 2022

  • Ethereum has fallen below the $2,000 mark once again after a market-wide correction.
  • The Ethereum price has touched the 300-week moving average for only the second time in its history.
  • In June 2022, the previous touch of the 300-week moving average marked the beginning of a long-term recovery phase for Ethereum.
  • Crypto analyst CryptoBullet expects a mid-term rebound for Ethereum with a price target between $2,900 and $3,200.

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