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Ethereum’s Next Move: Key Signs of a Market Shift
The recent drop in Ethereum’s price below key support levels has raised concerns about the potential direction of the market. However, there are several key indicators suggesting that $2,809 could mark a turning point for ETH.
Firstly, it is essential to analyze the current trends and momentum of the cryptocurrency’s price movement. The Relative Strength Index (RSI) is currently trending downward, which suggests that selling pressure is increasing. This bears the risk of further losses if not contained.
Source: cryptonewsland.com
