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Traders predict $3,800 Ethereum, but multiple data points suggest otherwise

Thus, it is only natural for traders to fear that losing the $3,340 support could lead to a retest of the $3,100 level or a 12% correction down to $3,000. Of course, this largely depends on how traders are positioned along with the Ethereum network’s on-chain metrics.

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Source: Cryptocurrency - investing.com

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