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Day June 12, 2023

Assessing Ethereum’s Key Support Levels and Potential Market Movements

Ethereum’s price has declined after breaking below the 100-day moving average, reaching a pivotal support zone near $1.7K. This area may determine Ethereum’s next significant move as traders assess its price action and on-chain developments. Daily Chart OverviewEthereum’s recent breakdown below the 100-day moving average on June 10th has reinforced…

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