Ethereum has stuttered in its pursuit of surging above the $2,300 level of resistance, subsequently falling back to the $2,000 level of support following a gruelling 11.64% sell-off over the past 48 hours.
The world’s second largest cryptocurrency has now re-established itself in a bearish posture on both lower and higher time frames, with the potential of a major correction to below $1,000 still on the cards before the end of the year.
Sunday’s weekly candle close beneath the 21…
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