Dec 5, 2019
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Ethereum Likely to See Further Downside as Analysts Eye Movement to $130 Region

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Bitcoin’s recent bout of heightened volatility has spilled over into the aggregated crypto markets, leading major altcoins like Ethereum (ETH) to similarly incur choppy trading that is uncharacteristic of the price action that has been seen over the past month.

This choppy trading may prove to ultimately be a negative thing for Ethereum and other major altcoins, as analysts are noting that they anticipate ETH to see significantly further losses in the near-term as Bitcoin ranges within the mid-$7,000 region.

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