Ethereum Price Risks Of Falling If It Loses This Key Support Level

Quick Summary:

However, amid this, a prominent crypto market has highlighted a key support level, falling below which could trigger a further selloff in the Ether market, potentially dragging its price down.

The Ethereum price has noted highly volatile trading lately, moving between the $2,600 and $2,300 range.

In addition, the slowing US Spot Ether ETF inflows have also sparked concerns over the shifting interest of the market participants from ETH to other top altcoins.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: ETH price 24/7 Cryptocurrency News ETH Price Analysis Ethereum (ETH) price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-13 @ 02:30:05 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 508 words

Reading Time: 3 minutes read

Sentences: 40 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23012498

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