May 4, 2026

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Ethereum Price Technical Analysis – ETH/USD Downside Initiated

Key Highlights ETH price started a downside move and traded below the $46 level against the US Dollar. There is a bearish trend line with resistance at $49.80 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price might correct higher, but likely to face resistance near $46 and $48 levels. Ethereum price … Continue reading Ethereum Price Technical Analysis – ETH/USD Downside Initiated

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