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Ethereum’s dropping demand could send it under $3,000

Ethereum has witnessed a 2% price drop in the past day, attributed to waning demand. As of now, ETH’s price stands at $3,175, signaling potential challenges ahead in maintaining its value.

Ethereum’s RSI indicates a weakening momentum. If the current market trends continue, the price may fall to $2,811 soon. Conversely, an improvement in market sentiment could enable a rally towards $3,476.

This is community-generated content, not advice from ONUS.
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