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Ethereum (ETH) Faces Critical Test at $3K Support Level TheNewsCrypto 16 nov. 2024

Ethereum (ETH) Faces Critical Test at $3K Support Level 📉

The cryptocurrency market has seen a significant surge, with the overall market cap climbing past $3 trillion, driven by bullish sentiment. Notably, Bitcoin (BTC) has reached a trading price of $91,627, showcasing considerable upward momentum.

In contrast, Ethereum (ETH) has been struggling to match Bitcoin's performance. The fading bullish signals present a substantial risk to ETH's price stability.

Currently, Ethereum is hovering at a critical support level of $3,000, and its ability to maintain this position is under intense scrutiny. The outcome at this juncture will be pivotal for ETH's short-term price trajectory.

Source : thenewscrypto.com ↗

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