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April 16, 2025

Ethereum Price on the Edge: Losing Key Support Could Trigger Drop to $1.1K

Ethereum’s recent trajectory has placed it at a critical juncture as the price appears to have paused at the $1.5K support level. While this level may offer short-term stability, a breakdown could lead to a rapid decline towards the $1K mark. Market analysts are closely monitoring this situation as the potential for volatility continues to loom. Investors are encouraged to observe buying patterns and market sentiment to navigate their positions effectively in such uncertain conditions. The next few days will be pivotal for Ethereum’s price direction.

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