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Crypto Potato 2024-08-11 14:41:33

Ethereum Price Analysis: Is the Worst Over for ETH Following the 37% Crash?

Following a sharp 37% decline, Ethereum encountered significant buying activity near the $2.1K support region, leading to a bullish rebound. However, the current price action suggests that ETH may be completing a pullback to the wedge’s lower boundary at $2.8K, which could signal a continuation of the bearish trend. Technical Analysis By Shayan The Daily

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