Ethereum Price Eyes $4k as Vitalik Buterin Dismisses ETH Dumping Rumors

Quick Summary:

Ethereum price shows a modest 0.23% drop on Saturday following the neutral market sentiment.

The daily chart projected short-body doji candles with long wicks in the past four days, indicating no clear dominance from buyers to sellers.

The reversal showcased the altcoin’s suitability below the $2800 resistance, which previously acted as major support for over five months.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Price Analysis ETH Ethereum Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-31 @ 12:06:09 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 342 words

Reading Time: 2 minutes read

Sentences: 35 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 22312531

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Main Topics: Crypto

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