Ethereum’s native token, Ether (ETH), extended its downturn into December after falling roughly 30% over the past three months, raising worries about how much further the sell-off could run by year’s end.
Key takeaways:
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ETH could slide toward $2,500–$2,200 if MVRV support and the pennant break down.
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A potential falling wedge breakout keeps bulls’ hopes alive for a rally to $3,550.
Ether’s MVRV puts $2,500 in focus
As of Tuesday, Ether…
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