Ethereum Dives 7% But This Variable Can Trigger A New Rally

Ethereum is down around 7% and it broke the $175 support area against the US Dollar. ETH price could correct further, but there are many key supports, starting with $165 and $160.

Ethereum is currently correcting lower from the $185 swing high.
The price traded below the key $175 support to start a short term downside correction.
There was a break below a key contracting triangle with support near…

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