Cryptocurrency Q&A
Why is Ethereum dropping so hard?
Why is Ethereum dropping so hard?
CryptoNinja
Thu Dec 26 2024
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6 answers
1233
Ethereum has been dropping significantly in value recently, and I'm trying to understand the reasons behind this sharp decline. Is it market volatility, increased competition, or some other factors causing this?
6 answers
Dario
Sat Dec 28 2024
The altcoin's daily chart revealed a bearish engulfing pattern, which contributed to the price decline.
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KatanaBladed
Sat Dec 28 2024
This downturn occurs after the prominent altcoin failed to convert the $4,000 mark into a support level.
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CryptoLegend
Sat Dec 28 2024
This failure marks the third time in 2024 that Ethereum has been unable to sustain this level.
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BitcoinWarrior
Sat Dec 28 2024
Specifically, the Ether (ETH) price has dropped by 6.35% from its weekly high.
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CryptoLord
Sat Dec 28 2024
This high was recorded on Monday at $4,101.
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