🚨🚨Ethereum: Will Support Hold at $2,800?
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Ethereum exhibits volatility, with key support and resistance levels having implications for future price movements. Failure to defend the $3,100 level could lead to a test of lower support at $2,800.
Fibonacci levels point to $4,400 as a future resistance level. Ethereum faces major resistance at $3,500. This level inhibits growth, reflecting selling pressure. Recent price movements show a downward trend. The asset failed to overcome resistance, leading to a decline.