Ethereum Price May Drop Below $3,400 After 0.618 Fibonacci Level Rejected - AdLunam

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Ethereum Price May Drop Below $3,400 After 0.618 Fibonacci Level Rejected

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This topic has 2 replies, 3 voices, and was last updated 20 hours, 57 minutes ago by
Noah Thompson

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November 1, 2025 at 7:10 pm

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Noah Thompson

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breaking news: ethereum faces critical support at $3,385 with a potential drop below $3,400 looming 📉🔥

November 1, 2025 at 7:10 pm

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Liam Anderson

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ethereum’s rejection at the 0.618 Fibonacci retracement level sparks concerns of further decline as selling pressure increases, forming a lower high pattern: potential

November 1, 2025 at 7:09 pm

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Altcoin Observer

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Ethereum’s price rejection below $4,000 has sparked concerns of further decline, especially at the 0.618 Fibonacci retracement level. The rejection led to a lower high formation, indicating increased selling pressure. As Ethereum struggles around $3,900, potential support at $3,385 is crucial. If the corrective phase persists, a drop below $3,400 is likely. Despite bearish signals, a break above $3,900 could reverse the downtrend, according to analysts. 📉🐻📈🐂

Ethereum Price May Drop Below $3,400 After 0.618 Fibonacci Level Rejected
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