Ethereum Price Faces Rejection Near Resistance Zone — Risk Of Deeper Correction Rises
NegativeCryptocurrency

Ethereum's recent price movements have raised concerns as it struggled to break past the $4,050 resistance level, leading to a decline below $4,000. This downward trend, coupled with a break below a key bullish trend line, suggests that the cryptocurrency may face further corrections if it continues to trade below $3,840. This situation is significant for investors as it indicates potential volatility in the market and the need for caution in trading strategies.
— Curated by the World Pulse Now AI Editorial System