
Ethereum Price Attempts Recovery—Key Levels to Watch After $2,000 Drop
Ethereum price started a fresh decline below the $2,350 zone. ETH is now correcting some losses from the $2,000 support and might face hurdles. Ethereum started a fresh decline below the $2,320 support zone. The price is trading below $2,220 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,230 and $2,275 resistance levels to start a decent increase. Ethereum Price Finds Support At $2,000 Ethereum price started a fresh decline from the....
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As Ethereum (ETH) continues to experience a significant price downturn, recording a 17% drop over the past month, key resistance levels have emerged as critical points for the second-largest cryptocurrency. Analysts suggest that these levels could ignite a potential trend reversal if reclaimed. Ethereum Faces Potential Decline To $1,155 In a recent update shared on social media platform X (formerly Twitter), crypto analyst Ali Martinez highlighted two pivotal price points for Ethereum’s immediate future. The first, set at $2,100, is seen as a necessary threshold for initiating a new....