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Ethereum Crash Could Be A Buying Opportunity, Here Are The Levels To Watch

Bitcoinist LogoBitcoinist11h ago

Ethereum Crash Could Be A Buying Opportunity, Here Are The Levels To Watch - Bitcoinist

Quick Summary:

Ethereum (ETH), the world’s largest altcoin, has recently been on a significant downward trend, with its price slipping below the $3,000 mark.

However, analysts see this bearish downtrend and ETH’s price crash as a buying opportunity, anticipating a possible rebound in the future.

In the last few weeks, Bitcoin experienced massive price declines that saw its value crashing by more than 20%.


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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 16:00:24 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21971417

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 16 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

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The story "Ethereum Crash Could Be A Buying Opportunity, Here Are The Levels To Watch" has 490 words across 36 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "Ethereum Crash Could Be A Buying Opportunity, Here Are The Levels To Watch" was covered 11 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 16 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #21971417
  • URL: https://beamstart.com/news/ethereum-crash-could-be-a-17230465643656

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