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Biggest Stock Market Crash Since 2008: Are Our Savings Safe? Find Out on TradingView News!

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Ethereum has just surpassed the $3,000 mark, but there are still challenges ahead for the popular cryptocurrency. The price has started to dip, and if it falls below $3,000 again, Ether could face more selling pressure.

Currently, Ethereum is trading at around $3,005, with resistance levels at $3,200 and $3,400. Breaking through these levels could signal a stronger bullish trend. On the flip side, if Ethereum drops below $3,000, it will be important to watch the support levels at $2,900 and $2,800, as this could indicate a worsening bearish trend.

Recent price action has shown that Ethereum is struggling to maintain its upward momentum, with the 50-day EMA at $3,067 and the 200-day EMA at $2,800 being critical levels to keep an eye on. On-chain data also provides insights, with the number of active addresses on the Ethereum network fluctuating and transactions hovering around one million daily.

The net ETH emission after EIP-1559 has been slightly negative, indicating more ETH being burned than minted. Despite the recent breakthrough above $3,000, Ethereum still faces challenges ahead. Key levels to watch are $3,200 and $3,400 on the upside, and $2,900 and $2,800 on the downside.

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1. What is the purpose of the “Are We Saved?” feature on TradingView News?
– The feature is designed to provide insights and updates on Market conditions and trends to help traders make informed decisions.

2. How often is the “Are We Saved?” feature updated with new information?
– The feature is updated regularly as new data and analysis become available.

3. Can I rely on the information provided in the “Are We Saved?” feature to make trading decisions?
– While the feature can be a helpful tool, it is important to do your own research and analysis before making any trading decisions.

4. Is the “Are We Saved?” feature accessible to all TradingView users?
– Yes, the feature is available to all users of TradingView, whether they are using the free version or a paid subscription.

5. Are there any additional resources or tools that complement the “Are We Saved?” feature?
– Yes, TradingView offers a range of tools and educational resources to help traders improve their skills and knowledge in the financial markets.

Win Up To 93% Of Your Trades With The World’s #1 Most Profitable Trading Indicators

Win Up To 93% Of Your Trades With The World’s #1 Most Profitable Trading Indicators


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