Ethereum, the second largest encrypted currency, witnessed a decrease in the price of approximately 13 % after affecting 2100 dollars for a short period. The decrease comes with the spread of panic on rumors that Binance may remove Ethereum from its platform. However, the former CEO of Binance, Changpeng Zhao (CZ) closed these claims, describing them as completely wrong.
The new listing for Binance causes confusion
The controversy started when Binance presented two new features that move the community: “voting to the list” and “voting to delete”. This allows users to vote on the symbols that must be added or removed from the platform.
Soon after, the wrong news spread that Binance was planning to remove Ethereum. This panic among investors, especially Binance users. Many fear that such a step can negatively affect the price of ETH.
Chic Chic quickly responded, saying that anyone who believes that abnormal rumors “deserve to be poor.” The community was supposed to ensure that Ethereum was still supported by Binance.
Whoever thinks this deserves to be poor.
– CZ
bnb (CZ_Binance) March 28, 2025
Ethereum price in Trumoil
Although CZ is clarified, the ETHEREUM price continued to decrease. The crying currency was lost recently Support level at $ 1900Analysts now warn that this may decrease. If the downward trend continues, ETH may test the level of $ 1750 soon, and even some experts expect a possible decrease to $ 1500.
However, some traders believe that this decrease is an opportunity to buy, if buyers enter about 1500 dollars, ETH can restore strength and make another attempt to break the resistance level of $ 2000.
At the present time, the RSI is less than Neutral 40 Mark, indicating that the sellers have control.
