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WatercolorGlassBottle

The support levels at 1560 and 1070 seem a bit far, but technical traders should have already placed their orders.

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BlockBeatNews
If Ethereum's weekly chart breaks below $1850, it may accelerate its decline.
BlockBeats News, May 29 — Analyst Alicharts stated that if Ethereum's weekly closing price falls below $1850, a rapid decline will become highly likely. Through technical analysis, Alicharts believes that Ethereum's support levels for the decline will appear at the following targets:




• First target: approximately $1560 (mid-term structural support);




• Second target: close to $1070, which marks the lower boundary of a multi-year range.
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