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Ethereum’s failure to close above $1.3K prompts analysts to predict more downside

ETH price saw a brief breakout following the successful merge on the Sepolia testnet, but analysts say the altcoin’s failure to flip $1,300 to support hints at further downside.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ethereum’s failure to close above $1.3K prompts analysts to predict more downside

ETH price saw a brief breakout following the successful merge on the Sepolia testnet, but analysts say the altcoin’s failure to flip $1,300 to support hints at further downside.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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