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You are currently viewing Ethereum Price Extends Losses – Is a Bigger Correction Underway?

Ethereum price started a downside correction below the $4,350 zone. ETH is still showing some bearish signs and might decline toward the $4,020 support zone.

Ethereum started a fresh decline below the $4,350 and $4,220 levels. The price is trading below $4,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $4,120 zone in the near term. Ethereum Price Dips Further

Ethereum price failed to recover and started a fresh decline below the $4,550 zone, like Bitcoin. ETH price gained bearish momentum and traded below the $4,350 support zone.

The bears were able to push the price below the $4,250 support zone. Finally, the price tested the $4,065 zone. A low was formed at $4,065 and the price is

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