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Ether price prediction: ETH risks dropping to $2k as selling pressure increases

  • ETH is the worst performer in the top 10 today, losing 7% of its value.
  • The cryptocurrency risks dropping to the $2k level amid growing selling pressure.
  • Ether drops below $2,300 after dipping 7%.
  • Ether is the worst performer among the top 10 cryptos, trading below $2,300.
  • Bitcoin also records losses amid tensions in the Middle East, signaling potential market-wide declines.
  • Ether faces heavy selling pressure, with the potential to test the support level at $2,174.
  • The market remains bearish with the MACD line in negative territory since June 12th.
  • Failure to defend the $2,174 support level could lead Ether to $1,860 for the first time since May.
  • Bulls might target $2,450 and $2,700 if they regain control.
  • ETH's price predictions indicate potential drop or rise based on market trends.
  • ETH's performance is closely linked to broader crypto market movements.
  • Technical indicators suggest a challenging period for ETH in the short term.
  • Market sentiment remains uncertain, impacting ETH's price movements.
  • Ether's price can fluctuate significantly in the short term based on various factors.
  • ether price prediction
  • ETH risks dropping to $2k as selling pressure increases

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