05-07-2024 05:28 via newsbtc.com

Ethereum Dives Below $3K: What’s Next For The Crypto?

Ethereum price remained in a bearish zone below $3,250 zone. ETH dived below the $3,000 support and even tested the $2,850 zone.Ethereum started a fresh decline below the $3,120 and $3,000 levels.
The price is trading below $3,000 and the 100-hourly Simple Moving Average.
There is a key bearish trend line forming with resistance near $3,000 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could correct losses, but upsides might be limited above the $3,120 zone.Ethereum Price Dives
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