Ethereum ETH Target Action

Ethereum [ETH] investors, watch out for this level to look for recovery

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment adviceAs macro-economic uncertainties fueled market-wide corrections, the crypto-market’s capitalization plunged below $900 billion.Over the week, Ethereum [ETH] broke down into high volatility after losing its $1,700-support.

The recent bearish engulfing has significantly tarnished buying ability under the current market dynamics.The fall below the $ 1,000-support level pulled ETH to its January 2021 lows.

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