Ethereum prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan & Chase report.
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Ethereum Steers Into Support, Time For More Slump Or Return to Previous Highs?
Ethereum follows the general sentiment in the market and trends downwards in the daily and weekly charts. After news about a confirmed FUD on China
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Ethereum drops more than Bitcoin as China escalates crypto ban, ETH/BTC at 3-week low
The second-largest cryptocurrency falls 13.30% versus Bitcoin’s 9.38% decline as China’s move scares investors away.
Read moreTA: Ethereum Lacking Bullish Momentum, Why ETH Holders Are Safe
Ethereum started a steady increase above $3,050 against the US Dollar. ETH price could correct lower, but the bulls might remain active near $3,000 and
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Ethereum balance on crypto exchanges hits new lows as ETH price retakes $3K
Meanwhile, the amount staked in Ethereum 2.0 smart contracts reached over 7.75 million ETH.
Read moreTA: Ethereum Reclaims $3K, Why ETH Could Rally To $3,400
Ethereum started a decent recovery and climbed above $3,000 against the US Dollar. ETH price could accelerate higher if it clears the $3,200 resistance zone.
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