Ethereum price recovers but ETH expects a further drop in price

  • Ethereum price is not out of the woods yet as a bearish target continues to be on the radar.
  • A key technical indicator suggests that there are more sellers than buyers in the market.
  • Ethereum may still face multiple obstacles if buyers enter the market.

Ethereum price has rebounded after the recent drop on February 24 while Russian President Vladimir Putin kickstarted its invasion of Ukraine. Despite the optimism in the market, several indicators suggest that ETH…


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