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by: xpoolPosted on: April 6, 2025

Ethereum Faces Potential Price Decline: Technical Analysis Suggests Bearish Signal

Recent technical analysis has indicated potential downward movement for Ethereum. Crypto market experts, including Bit Bull, suggest that the ETH price could drop to around $1,600 following a breakdown from a symmetrical triangle formation on its chart. This is further supported by declining trading volume, which paints a bearish picture in technical analysis and signals caution for investors.

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