Ethereum May Drop Towards $160 Before Next Uptrend Kicks Off

Ethereum May Drop Towards $160 Before Next Uptrend Kicks Off

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After attempting to move higher yesterday, Ethereum (ETH) has once again faced an influx of selling pressure that has thwarted the potential rally that some analysts and investors were previously eying as a strong possibility.

Analysts are now noting that Ethereum may face further selling pressure in the near-term, but they are also noting that a dip towards $160 could spark the next notable…

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