Ethereum Risks Plunging Towards $350 Following Rejected Spikes

Ethereum Risks Plunging Towards $350 Following Rejected Spikes

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A string of back-to-back upside rejections at a local top is putting Ethereum at risk of correcting lower towards $350.

Looking at ETH/USD 1H chart shows the pair attempting to close above $384, a resistance target that had held through extreme bullish biases in the past. It continues to defend bears as Ethereum traders repeatedly fail to push the prices above, leading to the formation of…

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