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Ethereum (ETH) falls below the important $2800 support zone – ho

At the start of February, we saw the entire crypto market rebound sharply. Ethereum (ETH) was one of the key performers and at one point, even got closer to $4000. But it has been a sharp fall ever since. More importantly, ETH has fallen below the crucial support zone of $2800. So, how far can bears take this? Here are some highlights:

ETH was trading at $ 2734 at press time, down about 5% in the last 24 hours

ETH has also fallen below the crucial 20-day exponential moving average

It is likely that the coin will fall to its next support of $2400 in the coming days.

Chart PatternscoincryptoEthereum (Cryptocurrency)highlightsTechnical IndicatorspointsharptradingTrend Analysis

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