Why is Ethereum (ETH) price down today?

Ethereum price is down today after it dropped below a key support zone, but multiple analysts remain optimistic about Ether’s upside.

Ether’s price fell over 5% to $2,380 on May 19, mirroring similar downward moves across the wider cryptocurrency market.

Long liquidations accompanied ETH’s price drop.

Below $2,400 could be a buy-the-dip opportunity.

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