Analysis

Ethereum’s price has recently faced a significant downturn, slipping well below the critical $2,350 mark. This decline is indicative of a broader bearish sentiment that has affected the cryptocurrency market, including major players such as Bitcoin. Currently, ETH has found itself trading beneath the $2,400 threshold and the 100-hour Simple Moving Average, suggesting that sellers
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Ethereum (ETH) has recently experienced a notable decline, trading below critical support levels of $2,450 and falling into a bearish trajectory. The cryptocurrency is currently caught in a consolidation phase that poses challenges for any immediate recovery attempts. As it stands, ETH is struggling to breach the $2,425 resistance, indicating a cautious market sentiment among
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