Ethereum price consolidates near $2.8K as analysts say bulls prepare for a push higher By Cointelegraph

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Choppy market conditions dominated the cryptocurrency landscape on March 3 as the global economy continues to face challenges on multiple fronts and uncertainty about the future weighs heavily on asset prices.

Data from Cointelegraph Markets Pro and TradingView shows that the gains made by Ether (ETH) on March 2 were nullified in trading on March 3 as the price drifted from March 2’s high of $3,044 to a daily low of $2,784, reflecting an overall decline of 8.5%.

ETH/USDT 1-day chart. Source: TradingView
1-week chart. Source: Twitter (NYSE:)
ETH/USDT 1-week chart. Source: Twitter
ETH/USDT 1-hour chart. Source: Twitter
1-week chart. Source: Twitter
ETH/USD 1-week chart. Source: Twitter