Ethereum (ETH) Price Watch: Next Downside Targets

Ethereum Price Key HighlightsEthereum broke below its latest consolidation pattern, indicating that losses are in the cards.
Price is still trading inside a descending channel on the daily chart and looks ready for a test of support.
But first, the mid-channel area of interest could attract some buyers since it’s close to the long-term lows at $150.Ethereum price could be in for more declines as it bounced off the descending channel resistance and is making its way back down.
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