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Data: Ethereum is facing key resistance at $3,500

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2024-07-22 12:01:07
IntoTheBlock monitors that Ethereum is facing a key resistance level at $3,500, and since July 16, Ethereum (ETH) has been struggling to break through the resistance level at $3,500. A major factor contributing to this challenge is that 3.13 million addresses bought ETH at an average price of $3,547. These addresses are holding at a loss, increasing selling pressure and making it difficult for ETH to break through this key level.
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