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Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level Newsbtc 03 Th08 2024

Ethereum Price Under Pressure: Here’s Why $3,000 Is A Critical Level 📉

Ethereum's price has faced significant bearish pressure recently, with a continuous decrease over the past week. Despite the launch of spot ETH ETFs, the price of Ethereum is approaching the critical $3,000 support level. According to IntoTheBlock, 1.7 million addresses purchased ETH near $3,000, highlighting the level's importance. Increased buying occurs whenever ETH approaches this range, indicating strong support. If ETH price dips below $3,000, demand might surge as investors defend their cost basis. Fresh investors may also consider entering. If $3,000 doesn't hold, Ethereum could drop to $2,800 or even $2,600. Currently, ETH is down 7% in the past 24 hours, standing at $2,988, marking a 9% decline over the last week.

Nguồn: www.newsbtc.com ↗

Bài viết tương tự (197)

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Ethereum ETH Price Surpasses $2,700 as Market Momentum Builds
Ethereum Price Retests $2.5K Level Amid Bear Market, What’s Next? Coinpedia 12 Th08 2024
Ethereum Price Retests $2.5K Level Amid Bear Market, What’s Next?
Ethereum Technical Analysis: ETH Struggles Below Resistance Bitcoin.com 16 Th09 2024
Ethereum Technical Analysis: ETH Struggles Below Resistance
Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control Bitcoin.com 19 Th08 2024
Ethereum Technical Analysis: Indicators Signal Caution for Ether as Bears Maintain Control
Ethereum price rebound: Why $2900 is crucial for the next bullish move Ambcrypto 20 Th08 2024
Ethereum price rebound: Why $2900 is crucial for the next bullish move
Ethereum (ETH) Price To Recalim $3K Or Plunge Below $2.5K This August? Coinpedia 20 Th08 2024
Ethereum (ETH) Price To Recalim $3K Or Plunge Below $2.5K This August?
Ethereum (ETH) Price Eyes $3,000 as Low Selling Fuels Bullish Momentum Beincrypto 21 Th08 2024
Ethereum (ETH) Price Eyes $3,000 as Low Selling Fuels Bullish Momentum
Ethereum Bulls Aim to Hold $2,400 Support, Eye Potential Rally Beincrypto 1 tuần trước
Ethereum Bulls Aim to Hold $2,400 Support, Eye Potential Rally
Ethereum price prediction bullish for now: Will $2.7K hold or break? Ambcrypto 22 Th08 2024
Ethereum price prediction bullish for now: Will $2.7K hold or break?
3 Top Reasons Why Ethereum Price Is Up Today Coingape 23 Th08 2024
3 Top Reasons Why Ethereum Price Is Up Today
Ethereum Shows Strong Stability Above Key Levels Bitcoinhaber 23 Th08 2024
Ethereum Shows Strong Stability Above Key Levels
Ethereum Struggles Despite Recovery! ETH Price To Retest $2.1K? Coinpedia 03 Th09 2024
Ethereum Struggles Despite Recovery! ETH Price To Retest $2.1K?
Ethereum Maintains Stability and Signals Potential Upward Movement Cointurk 23 Th08 2024
Ethereum Maintains Stability and Signals Potential Upward Movement
Ethereum Shows Signs of Short-Term Pullback Cointurk 09 Th08 2024
Ethereum Shows Signs of Short-Term Pullback
Ethereum Faces Challenges in Overcoming Resistance Levels Cointurk 11 Th08 2024
Ethereum Faces Challenges in Overcoming Resistance Levels
Ethereum Faces Potential Price Volatility Despite Recent Gains Cointurk 24 Th08 2024
Ethereum Faces Potential Price Volatility Despite Recent Gains
Ethereum Holds Critical Support Level Cointurk 04 Th08 2024
Ethereum Holds Critical Support Level
Experts Assess Ethereum’s Price Trends and Support Levels Cointurk 2 tuần trước
Experts Assess Ethereum’s Price Trends and Support Levels
Ethereum’s Market Analysis: Can It Overcome the $2,800 Resistance to Spark a New Uptrend? Coinotag 26 Th08 2024
Ethereum’s Market Analysis: Can It Overcome the $2,800 Resistance to Spark a New Uptrend?
Ethereum Price Analysis: Potential V-Shaped Recovery Amidst Accumulation Phase Coinotag 09 Th08 2024
Ethereum Price Analysis: Potential V-Shaped Recovery Amidst Accumulation Phase
Ethereum Price Predictions: Will ETH Rebound Above $3,000 or Face a Downturn? Coinotag 2 tuần trước
Ethereum Price Predictions: Will ETH Rebound Above $3,000 or Face a Downturn?
Ethereum Price Analysis: Bulls Defend $2,500 Support Amid Death Cross Threat and ETF Inflows Coinotag 15 Th08 2024
Ethereum Price Analysis: Bulls Defend $2,500 Support Amid Death Cross Threat and ETF Inflows
Ethereum (ETH) Navigates Potential Price Shifts: Could It Drop to $2,320 or Rise to $3,102? Coinotag 2 tuần trước
Ethereum (ETH) Navigates Potential Price Shifts: Could It Drop to $2,320 or Rise to $3,102?
Ethereum (ETH) Faces Volatility Amid Death Cross and Key Fibonacci Levels Testing Coinotag 11 Th08 2024
Ethereum (ETH) Faces Volatility Amid Death Cross and Key Fibonacci Levels Testing
Ethereum (ETH) Faces Key Resistance at $2.8K After Bullish Rebound from $2.1K Support Coinotag 11 Th08 2024
Ethereum (ETH) Faces Key Resistance at $2.8K After Bullish Rebound from $2.1K Support
Could Ethereum (ETH) Overcome Current Challenges to Reclaim the $2,600 Level? Coinotag 3 tuần trước
Could Ethereum (ETH) Overcome Current Challenges to Reclaim the $2,600 Level?
Could Ethereum’s Support at $2,300 Signal a Potential Rally Towards $6,000? Coinotag 3 tuần trước
Could Ethereum’s Support at $2,300 Signal a Potential Rally Towards $6,000?
Ethereum’s Path to $4,000: Overcoming Critical Resistance Levels Coinotag 11 Th08 2024
Ethereum’s Path to $4,000: Overcoming Critical Resistance Levels
Ethereum Poised for Breakout: Key Resistance Levels to Watch as Bullish Momentum Builds Coinotag 16 Th08 2024
Ethereum Poised for Breakout: Key Resistance Levels to Watch as Bullish Momentum Builds
ETH Price Could Plummet If Ethereum Drops Below Crucial $3,065 Support Level Coinotag 02 Th08 2024
ETH Price Could Plummet If Ethereum Drops Below Crucial $3,065 Support Level
Ethereum Struggles at $2.6k Support Amidst Increasing Seller Pressure Coinotag 18 Th08 2024
Ethereum Struggles at $2.6k Support Amidst Increasing Seller Pressure
Ethereum Price Analysis: ETH Struggles Below $3,000 Amid Bearish Momentum Coinotag 03 Th08 2024
Ethereum Price Analysis: ETH Struggles Below $3,000 Amid Bearish Momentum
Ethereum Set to Break $2.8K Resistance Amid Growing Investor Confidence and Positive Momentum Coinotag 12 Th08 2024
Ethereum Set to Break $2.8K Resistance Amid Growing Investor Confidence and Positive Momentum
Exploring the Possibilities: Could Ethereum (ETH) Break Resistance at $2,836 or Slip to $2,062? Coinotag 3 tuần trước
Exploring the Possibilities: Could Ethereum (ETH) Break Resistance at $2,836 or Slip to $2,062?
Ethereum Tests Key Support Level as Market Eyes Potential Recovery Towards $6,000 Coinotag 6 ngày trước
Ethereum Tests Key Support Level as Market Eyes Potential Recovery Towards $6,000
Ether (ETH) Nears Breaking Point as Buyer Demand Surges and Metrics Turn Positive Coinotag 20 Th08 2024
Ether (ETH) Nears Breaking Point as Buyer Demand Surges and Metrics Turn Positive
Ethereum Price Analysis: Can ETH Break the $2.9k Resistance in Liquidity Hunt? Coinotag 09 Th08 2024
Ethereum Price Analysis: Can ETH Break the $2.9k Resistance in Liquidity Hunt?