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Cryptopotato
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Ethereum Price Analysis: Is ETH in Danger of Falling Below $2,500 Soon?
- Ethereum's price has been declining and is trading below the 200-day moving average.
- On the 4-hour chart, the market is testing the $2,700 level while the RSI is on the verge of dropping below 50%.
- The funding rates in the futures market have been decreasing consistently amid the recent price drop.
- With sufficient spot demand, the market is expected to recover.
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