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ethereum eth falls below 3000 in recent crypto pullback is a bounce towards 3500 happening

Ethereum (ETH) falls below $3000 in recent crypto pullback – Is a bounce towards $3500 happening?

It’s been a decent month in February for Ethereum (ETH) so far. The coin is climbing from its January lows and in fact, it managed to pierce through the crucial $3000 mark. But as momentum built, ETH has pulled back, dropping below $3000 once more. Here are some highlights:

  • After hitting lows of around $2100 this year, ETH has surged in February, at one point rising to $3800.

  • But the crypto market pullback we have seen has pushed ETH below $3000 in a sharp decline.

  • At press time, the mega-cap coin was trading at $2878, down by nearly 7% for the day.

Data Source: Tradingview

Source coinjournal

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