$ETH In March, the price of Ethereum (ETH) could experience an additional decline of 50% due to weak demand from both retail and institutional investors. Currently, the price of ETH is at a crucial support level, which could indicate a further drop.

Some technical indicators, such as the Relative Strength Index (RSI) and the Percentage Price Oscillator (PPO), also suggest a bearish trend. Additionally, the drop in the price of ETH is occurring in line with that of other cryptocurrencies, such as Bitcoin.

However, there are also some signals that could indicate a potential rebound in the price of ETH. For instance, it has been reported that 66,350 ETH coins, valued at over $138 million, have been added to the supply.

In summary, the price of ETH in March is uncertain and could experience both declines and rebounds. It is important to stay informed and conduct thorough analysis before making any investment decisions.