The movement of Ethereum's price is predicted to undergo a weakening towards the price of $1562, with a potential further correction of 10.26%. The price of $1562 serves as the next support level, and currently, ETH is anticipated to experience an increase to $1742, following the sharp decline, with a potential rise of 3.86%. The current trading price stands at $1678. Ethereum has already corrected from $1850 to reach its lowest point at $1550, experiencing a peak decrease of 16.20%. Undoubtedly, this might not bode well for Ethereum.
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