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Ethereum (ETH) Risks Dumping Another 40% if This Key Level Is Lost


by Olivia Stephanie
for CryptoPotato
Ethereum (ETH) Risks Dumping Another 40% if This Key Level Is Lost

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AI Overview

Ethereum (ETH) is currently priced at $2,900, down 1% in the last 24 hours and over 10% weekly. A bear flag pattern is identified, indicating potential further price declines as it breaks below key support levels between $2,700 and $2,800.

Bearish

Ethereum (ETH) is trading around $2,900, down 1% over the last 24 hours and more than 10% weekly. Several days ago, ETH fell below the $3,000 level and recently tested support near $2,700–$2,800. It has yet to recover with strength.

Breakdown Pattern Raises Risk

Analyst Trader Tardigrade shared a 3-day chart showing a bear flag forming on Ethereum. This pattern is characterized by a sharp drop and is usually followed by further downside. The asset is now breaking below the lower support of the flag.

Read the article at CryptoPotato

In This News

Coins

$ 2.94K

+3.05%

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In This News

Coins

$ 2.94K

+3.05%

Share:

Read More

Ethereum Whales’ Holdings Decline Steadily as ETH Price Falls Below Crucial Support

Ethereum Whales’ Holdings Decline Steadily as ETH Price Falls Below Crucial Support

The ETH ETFs were deep in the red as well last week.
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Ethereum (ETH) Risks Dumping Another 40% if This Key Level Is Lost


by Olivia Stephanie
for CryptoPotato
Ethereum (ETH) Risks Dumping Another 40% if This Key Level Is Lost

Share:

AI Overview

Ethereum (ETH) is currently priced at $2,900, down 1% in the last 24 hours and over 10% weekly. A bear flag pattern is identified, indicating potential further price declines as it breaks below key support levels between $2,700 and $2,800.

Bearish

Ethereum (ETH) is trading around $2,900, down 1% over the last 24 hours and more than 10% weekly. Several days ago, ETH fell below the $3,000 level and recently tested support near $2,700–$2,800. It has yet to recover with strength.

Breakdown Pattern Raises Risk

Analyst Trader Tardigrade shared a 3-day chart showing a bear flag forming on Ethereum. This pattern is characterized by a sharp drop and is usually followed by further downside. The asset is now breaking below the lower support of the flag.

Read the article at CryptoPotato

In This News

Coins

$ 2.94K

+3.05%

Share:

In This News

Coins

$ 2.94K

+3.05%

Share:

Read More

Ethereum Whales’ Holdings Decline Steadily as ETH Price Falls Below Crucial Support

Ethereum Whales’ Holdings Decline Steadily as ETH Price Falls Below Crucial Support

The ETH ETFs were deep in the red as well last week.
River (RIVER) Explodes by 2,000% in a Month: Further Gains or a Ticking Bomb?

River (RIVER) Explodes by 2,000% in a Month: Further Gains or a Ticking Bomb?

"After massive manipulation and bubble phase, we'll see a glorious dump," one X user ...