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Ethereum Stabilizes Near $2,820 After Losing Trend Support (Technical Analysis)

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Ethereum Stabilizes Near $2,820 After Losing Trend Support (Technical Analysis)

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Traders Union570 FollowersFollow5ShareSavePlay(7min)CommentsSummaryEthereum trades near $2,820 as the corrective phase remains intact.The $3,000 to $3,050 zone continues to cap recovery attempts.Spot outflows and long liquidations keep upside conviction muted. Oleksandr Shatyrov/iStock Editorial via Getty Images By Jainam Mehta Ethereum (ETH-USD) is trading in a weakened but orderly corrective structure on Thursday as the market continues to unwind from its post-summer advance. Price is holding near the $2,820 to $2,830This article was written byTraders Union570 FollowersFollowTraders Union is a leading financial portal dedicated to empowering traders and investors with essential information to maximize their success in the financial markets. Its mission is to create a trusted platform where users can easily access comprehensive details about the top brokerage firms offering the most favorable and seamless trading conditions. Founded in 2010, Traders Union was built on the idea of providing thorough and unbiased reviews of international forex brokers, along with high-quality content covering global trading and investment trends. Traders Union saves time and effort by making the process of selecting a reliable broker hassle-free. With the Traders Union Broker Rating, users have all the data needed to make well-informed decisions, eliminating the need for endless research and review reading.

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Source: Seeking Alpha