Ethereum Retraces to $2,855 Support as Buyers Recoup for a Fresh Uptrend

Ethereum (ETH) has fallen after buyers failed to keep it above the $3,200 resistance level. The largest altcoin is slumping as the price falls below the moving averages. Ether has fallen into the bearish trend zone. The bears will try to sink the altcoin in the downtrend zone.

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