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Quite similar is the situation with the ethereum. The digital currency is at its lowest levels since April, after a peak of $1,400. From a technical point of view, the ether is in a strong downward trend after overcoming the lower limit of a narrowing triangle.
On its way down, the ethereum does not have many obstacles, and its decline may increase if we see a drop below the $300 psychological barrier that temporarily limits its depreciation.
A very serious decline was recorded by the bitcoin cash. It is traded at levels of about $570, and its decline may increase if we see a breakthrough in the key support level at $550 for a coin.
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