Ethereum

Cryptocurrency

<ul> 
 <li> <a href="https://www.coingabbar.com/en/price-analysis/crypto-crossroads-can-bulls-rescue-ethereum-from-crucial-point" title="Ethereum" class="f-link">Ethereum </a> struggled to rise above $2,550 and $2,580 resistance levels, initiating a fresh decline. </li> 
 <li> ETH, like Bitcoin, traded below the $2,400 support and started a decline. </li> 
 <li> Ethereum extended losses, breaching the $2,260 support amid a fresh decline. </li> 
 <li> ETH is poised for a breakout from the ascending expanding wedge pattern on the daily chart. </li> 
 <li> According to <a href="https://www.coingabbar.com/en/price-analysis" title="Coingabbar analysis" class="f-link">Coingabbar analysis</a>, Amid a market slowdown, overhead supply suggests a potential retest with a risk of a quick drop to $2,000. </li>
</ul>
KEY LEVELS : 
RESISTANCE LEVEL : $2,280-$2,340 
SUPPORT LEVEL : $2,190-$2,130 
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Ethereum Crossroads: ETH Faces Crucial Make or Break Point

Coingabbar

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