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ETH/USD: Struggles as Risk Appetite Fades
The Ethereum market has been all over the place during trading on Thursday, as we continue to bump along the bottom. The $1775 level has offered a bit of support multiple times, and it does look like the market is going to try to stay above there based on the action that we saw during the day on Thursday. However, it would not take much to knock the market down below that level, and in fact if it did break down below there, then I think there’s a potential move down to the $1600 level for Ethereum.This could make a little bit of sense, due to the fact that there is a major concern out there as far as risk appetite ... (full story)