Ethereum Price Decrease and Predictions

Following the leader of the cryptocurrency market, Bitcoin’s decline, Ethereum (ETH) is also experiencing a loss in value. While the price of ETH falls to $3,800, a large portion of investors are still profitable. Experts had expected a decrease after the profit realization from historical highs reached by ETH. Current Situation in the Cryptocurrency Market Ethereum had risen from $2,500 to $3,800 last month, an increase of 56 percent. However, now it is trading well below the all-time high of $4,626. Analysts point out that the declining trends in technical indicators signal further value loss for ETH. Ethereum Price Predictions and Expectations Ethereum failed to fully utilize the opportunity to create new highs between the important resistance level of $3,582 to $3,829. As no expected movement in the market exists, it is expected that ETH will test the $3,582 level in the coming hours or days. If Ethereum falls below […]

Ethereum Price Decrease and Predictions

Following the leader of the cryptocurrency market, Bitcoin’s decline, Ethereum (ETH) is also experiencing a loss in value. While the price of ETH falls to $3,800, a large portion of investors are still profitable. Experts had expected a decrease after the profit realization from historical highs reached by ETH.

Current Situation in the Cryptocurrency Market

Ethereum had risen from $2,500 to $3,800 last month, an increase of 56 percent. However, now it is trading well below the all-time high of $4,626. Analysts point out that the declining trends in technical indicators signal further value loss for ETH.

Ethereum Price Predictions and Expectations

Ethereum failed to fully utilize the opportunity to create new highs between the important resistance level of $3,582 to $3,829. As no expected movement in the market exists, it is expected that ETH will test the $3,582 level in the coming hours or days.

If Ethereum falls below the daily low of $3,760, a further decline to $3,336 may occur. ETH investors should be cautious against market movements, especially during periods when Bitcoin continues to hold at $69,000 and frequently returns to this level.

This situation can trigger large sales in the altcoin market, especially if cryptocurrencies like Bitcoin do not follow a stable course. Ethereum investors should be vigilant against such fluctuations and closely monitor market developments.

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how to buy crypto?
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