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by: xpoolPosted on: April 6, 2025

Ethereum’s Technical Indicators Signal a Potential Price Drop

Ethereum is facing pressure, currently trading around $1,818.10, as technical and on-chain indicators suggest the possibility of a deeper correction. Crypto analyst Bit Bull believes Ethereum has broken down from its symmetrical triangle support pattern, often seen as a precursor to significant price movements. If this breakdown holds, ETH could plunge as low as $1,600 in the near term.

Related posts:

  1. Ethereum (ETH) Slides Below $1,800, Down 6.58% in 24 Hours
  2. Ethereum Price Plunges Below $1,800: Will Support Hold?
  3. Will Ethereum Recover from Recent Plunge? Analyzing Market Trends & Challenges
  4. Ethereum Price Fears: Could it Crash to $600?
Cryptocurrency Ethereum Market Analysis

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