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$ETH Ether price analysis ETH continues to trade inside the descending channel pattern, indicating that the bears are in control. The price is attempting to bounce off $2,850, an important level for the bulls to defend. If this level breaks down, the ETH/USDT pair could start the next leg of the downtrend to the channel’s support line. Time is running out for the bulls. If they want to make a comeback, they will have to start a recovery and drive the price above the resistance line. The pair may then rise to $3,357 and later to $3,730. #BTC #ETH #BinanceLaunchpool #bitcoinhalving #Memecoins

$ETH

Ether price analysis

ETH continues to trade inside the descending channel pattern, indicating that the bears are in control.

The price is attempting to bounce off $2,850, an important level for the bulls to defend. If this level breaks down, the ETH/USDT pair could start the next leg of the downtrend to the channel’s support line.

Time is running out for the bulls. If they want to make a comeback, they will have to start a recovery and drive the price above the resistance line. The pair may then rise to $3,357 and later to $3,730.

#BTC #ETH #BinanceLaunchpool #bitcoinhalving #Memecoins

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