A widely followed crypto analyst says that a massive crash for the leading smart contract platform is within the realm of possibility.
In a new strategy session, crypto trader Benjamin Cowen tells his 787,000 YouTube subscribers that a freefall to the $400-$800 range is in the cards for Ethereum (ETH), the second-largest crypto asset by market cap.
“There’s a good chance that [there will] be a lower low, and it might not be a much lower low, maybe it just goes down to just below $800. It could go lower. It could go to $600 or $500 or $400, but that is in the cards for Ethereum.”
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Cowen also says that a move toward his downside targets would mark 2023 as the year when both
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