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Ethereum Price Analysis: ETH Nosedived, More Declines Likely

Ethereum Price Analysis: ETH Nosedived, More Declines Likely | NewsBTC

Key Highlights ETH price failed to stay above the $146 support and declined heavily against the US Dollar. There is a short term bearish trend line formed with resistance at $128 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct a few points towards $130, but it is likely to extend declines below $120.

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