Is Ethereum safe above $2K? Traders are watching these ETH price levels

Ethereum market participants saw the 100-day SMA at $2,200 as particularly important for bulls to hold to avoid a deeper correction.

Ether (ETH) analysts have mapped out key ETH price levels to watch over the next few weeks, with a focus on the $2,000 psychological level.

Key takeaways:

Data from TradingView showed the ETH/USD pair trading below $2,300, down 5% over the last two days and erasing all gains made over the weekend. 

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