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Ether Lee is once again Fall down The $ 2,000 mark, which is a simple psychological level that was briefly found earlier this week. The correction of the entire market over the last 24 hours has been weighed on Ether Lee’s recovery momentum, and the main Altcoin is I saw the dip of emotions This can lead to deeper decline or rapid mid -recoil.
Short -term emotions are prudent, but the new analysis of password analysts has focused on important technical events. Strong perspective Ether Leeum price.
Ether Leeum again scored a 300 -week move. What happened last?
Cryptobullet, encryption analyst using social media platform X Pointed out The Ether Leeum is now the second to touch the 300 -week moving average in history. The first case fell to $ 880 in June 2022, with a long and slow recovery of Etherrium in June 2022.
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As the Ether Leeum continued to expand, it was the second time this month in March 2025. I have difficulty getting More than $ 2,000. As Ether Lee touches the 300 -week moving average, we can check what happened last time and get a view of what to expect now.
In June 2022, Ether Lee’s contact with the 300 -week moving average was the beginning of the long -term recovery stage. At that level, the price of Etherrium surged more than 140% over the next eight weeks, and in August 2022, it pushed for more than $ 2,100 before another modification.
It is a mid -term recoil focusing on ETH, but in the future
Cryptobullet has been framed as a major historical support area, noting the importance of this average. Analysts argued that in the short term, this kind of macroscopic support, regardless of weakness, generally sets a meaningful bounce stage.
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“Even if you are a bear, you can’t deny that we have reached a very important level of support.” I wrote it. The target price of the upcoming bounce is from $ 2,900 to $ 3,200. Nevertheless, the bounce relies on It depends on the method Etherrium prices respond to the level because they can offset optimistic propulsion if they continue to fall.
At present, Ether Lee’s price is trapped in a weak emotion, and the bull must find a $ 2,000 area before a sustainable bounce for $ 2,900 and $ 3,200. In addition, recent price modifications over the last 24 hours increase the risk of Etherrium price. The closing of March below Currently, the 3m Bolinger band is currently about $ 2,000. Under 3m Bollinger Band, you can cause problems with major Altcoin.
However, if the analysis of the Cryptobullet is found to be correct, Ethereum can soon enter the more powerful price measures for several weeks. At the time of writing, Ether Leeum fell 5.82% to $ 1,907 over the last 24 hours.
The main image of Unsplash, the chart of TradingView.com