On Friday, March 27, the price of Ethereum decreased: the ETH/USD pair was trading around $1,983 after fluctuations between $1,972 and $2,075. During the session, the market was more likely to return to support than continue the rebound observed earlier in the week. This movement attracted traders' attention to a familiar question: does Ethereum have enough conviction that the story with the rate and the upgrade can hold when the momentum fades.
Ethereum traded in a range from $1,972 to $2,075 and then returned to the $1,983 mark.
The market fell again below the $2,000 mark, leaving nearby support under new pressure.
Products related to the rate and the upgrade path to 2026 remained in the spotlight, but none of these topics prevented the retreat.$ETH
ETH
2,004.24
-0.06%