Ethereum

Chaos

<h2 id="span-data-font-font-size-style-font-size-20px-eth-slips-under-2-300-risking-further-decline-below-2-200-support-br-span">ETH slips under $2,300, risking further decline below $2,200 support. </h2>
<ul style="">
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar Technical Analysis</a>, Ethereum faced a downward correction after reaching the $2,350 resistance against the US Dollar.</li>
 <li>There's a possibility of <a href="https://www.coingabbar.com/en/price-analysis/ethereum-bullish-momentum-fades-are-bears-about-to-take-control" class="f-link" rel="noopener noreferrer nofollow">ETH</a> revisiting the $2,200 support before initiating a new upward movement.</li>
 <li>Despite breaking the Bullish Flag pattern, Ethereum encountered difficulties in maintaining its position above it.</li>
 <li>Ethereum is currently below the crucial $2,250 support zone and the 200-hourly Simple Moving Average.</li>
 <li>Following two days of selling pressure, Bulls took charge yesterday, breaching the $2,300 level. However, they struggled to sustain the momentum and retreated below $2,250.</li>
 <li>Is the current phase of consolidation set to persist, or is there potential for a breakout to occur?</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $2,270-$2,320
SUPPORT LEVEL : $2,200-$2,140
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ETHEREUM Calm: Silence Before the Storm or Stability Amid Chaos

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