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CoinGape
2021-03-04 04:15:27

Ethereum Price Analysis: ETH faces another bull trap as massive breakdown looms

Ethereum cuts short the uptrend to $2,000 on account of a double-top pattern. The 200 SMA significantly contributed to the ongoing overhead pressure. Ether will avoid losses to $1,440 if the 50 SMA support remains unbroken. Ethereum has not risen above $1,700 since the drop from all-time highs above $2,000. On the downside, the pioneer The post Ethereum Price Analysis: ETH faces another bull trap as massive breakdown looms appeared first on Coingape.

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