Ethereum Breaches $1,600, How Soon Will Touch $1,100?

Ethereum has fallen below its $1,600 support level and has displayed bearish sentiment on the chart. Broader market weakness has also contributed to Ethereum’s current price action.
Bitcoin had fallen to the $20,000 price mark and altcoins depicted similar price movements.
Ethereum over the last 24 hours depicted some minor appreciation on the chart. The altcoin’s technical outlook remained bearish.
Buying strength had fallen over the past two days and at press time the coin ‘s