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Ethereum Price Faces Record Selling Spree in 3 Months, Is Rebound Likely?

source-logo  coingape.com 15 h

Ethereum (ETH) continues to trade below $2,000 for the fourth consecutive day as the cryptocurrency faces a record selling spree. The outlook for ETH is unlikely to change anytime soon, as indicated by the Net Taker Volume on-chain metric. So, expecting an Ethereum price bounce here, especially if Bitcoin (BTC) continues to trend lower, is highly unlikely.

coingape.com