Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week Low as Bearish Momentum Increases Following The Merge – Market Updates Bitcoin News

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ETH below $1,500, as bearish sentiment remains following Thursday's Merge.

Following a peak of $1,594.54 during yesterday’s session,The move saw ethereum approach, but not collide with, a key support point of $1,430, as bulls reentered to push prices higher.As of writing, the world’s second largest cryptocurrency continues to trade close to today’s bottom, which was its lowest point since August 29.

Many still believe a reversal could come, once this current red wave subsides, with the first target for bulls likely the recapture of the $1,500 region. Next week’s Federal Open Market Committee meeting will likely be a key test for prices, with the potential for a 100-basis point hike on the table. As such, many remain uncertain on how this will impact market confidence.Tags in this story

 

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I see this as a great opportunity to spend usdt to buy cheap $ETH

As long as I'm bullish in $LEO I'm all good

Very foooooliiissshhh move, thought that the merge will bring out something good but it was a manipulation to get ppl account liquidated

Why are people selling now? ETH below 1,500 USDT is a good chance to buy cheap.

we are experiencing a classic sell the news event

We looking for pump but it’s dump after merging

I start buying on Bfx when it reaches $1k

So many scammers lol Twitter it's getting worse! ETH will reach 500 USD en December, mark this words

Eth is diving down deeper and more deeper Some of 'The Whales' don't like proof of stake No more uniqueness in rarity

Big trends affect everything.

Come on! There vere too much bad news

ATOM 💪

Eth to the floor 😢

🚀 Very g00d!

🚀 Thnks a millon.

🚀 Very g00d!

🚀 Last chance!

🚀 Thnks a million.!

🚀 Thanks a millon.

🚀 Perfect job!

🚀 Thanks a millon.

$RLC PARTNERSHIPS So bullish on iExec

🚀 Last chance! ..

🚀 Only today!! ..

🚀 All done!! ..

🚀 Last chance! ..

🚀 Thnks a millon.

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