Ethereum Price Prediction: ETH/USD may go down to $150 following price correction

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© Reuters.

  • went down from $161 to $158 this Thursday.
  • ETH/USD has no prominent support levels until $152.50.

Following this Tuesday’s spike where ETH/USD went up from $142 to $165, it has gone through two consecutive days of market correction. This Thursday, ETH/USD went down from $161 to $158. As per the daily confluence detector, ETH/USD has no prominent support levels until $152.50, which is why further drop is expected.

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