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– Examining whether ETH’s price will fall to $2,700 again

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Ethereum’s [ETH] daily and weekly price charts remain green, but the trend might be short-lived as it might drop to $2.7k..

daily and weekly price charts remained green. However, the trend might be short-lived. In fact, as per a recent analysis, there may be chances of ETH dropping to $2.7k before it even begins a bull rally. Hence, AMBCrypto checked ETH’s current state to better understand what to expect in the short-term.Ethereum was somewhat bullish on the charts in the last 24 hours, with its price hiking by just over 1%.

Notably, while investors sold their holdings, whales went the other route as they kept accumulating – As evidenced by the slight rise in the supply held by top addresses.

 

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