3 Reasons Why Ethereum Price Keeps Rejecting at the $1,300 Level
Traders unsure if ETH will be able to hold the $1200 level as the S&P 500 rapidly approaches support crucial 3,900 and more downside ETH derivatives data indices.
![3 reasons why Ethereum price keeps rejecting at the $1,300 level](https://images. cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMDRiN2U0NGMtNGYwNS00YjRiLWFlOTUtNWIxMWUwNjc1ZTczLmpwZWc=.jpg)
![3 Reasons Why Ethereum Price Keeps Rejecting at the $1,300 Level](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMDRiN2U0NGMtNGYwNS00YjRiLWFlOTUtNWIxMWUwNjc1ZTczLmpwZWc=.jpeg?#)
Traders unsure if ETH will be able to hold the $1200 level as the S&P 500 rapidly approaches support crucial 3,900 and more downside ETH derivatives data indices.
![3 reasons why Ethereum price keeps rejecting at the $1,300 level](https://images. cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvMDRiN2U0NGMtNGYwNS00YjRiLWFlOTUtNWIxMWUwNjc1ZTczLmpwZWc=.jpg)
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