CandleFocus Ethereum Price Crash Likely After $45M ETH Selloff, Weak US Jobs Report
2024-09-06
Author: Content Editor
The price of Ethereum is currently trading at $2,368. After a recent Bitcoin crash, Ether bulls are trying to initiate a recovery rally. However, the US Nonfarm Payrolls (NFP) report has come in below expectations, adding uncertainty to the market. Ethereum has slid below two important support levels, leading investors to speculate on whether it will continue to drop or bounce back.
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