ETHEREUM price decreases by 18 %, as experts say, consider this encryption

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ETHEREUM price has decreased by 18 % in the past 24 hours trading at $ 2541 from 3:20 am US EST on a 236 % pump in trading volume to $ 79.8 billion.
Despite the last decrease in the ETH price, there was a noticeable purchase activity at these levels, indicating that investors accumulate ETH with long -term expectations. This increase in the purchase of the purchase during DIP indicates strong support and hints in the possibility of ascending momentum as soon as the market stabilizes.
Ethereum price strikes the support area – does a freshness on the horizon?
The sharp decrease in the pioneering Altcoin price comes after it broke ETH without a downward channel that was present for several weeks, which led to a widespread panic among merchants.
ETHEREUM is now testing a major support zone ranging from $ 2,500 and 2400 dollars, a level that was previously working as a strong basis for the upscale repercussions in November 2024. They are the main resistance levels.
However, failure to retain the above support may lead to deeper sales, which may lead to a decrease in prices to $ 2000 or less.
Ethusd analysis source: tradingview
Technical indicators indicate that the price of Ethereum may be due to a recovery. The Relative Power Index (RSI) decreased to 28.26, indicating sale conditions. This indicates that the pressure pressure may be in a stage of fatigue, and the bounce may be short -term on the cards. However, traders will closely monitor to confirm, as the step above 30 RSI will enhance the reflection state.
Ethereum is now facing a critical moment, as traders evaluate whether this main support zone will keep or give way to more negative aspect. If the momentum is picked up in the purchase, the ETH can regain its foot and pay the resistance levels at $ 3,021 and $ 3533.
However, a break less than $ 2,20000 can open the door for an extended decline. Investors are advised to wander with caution and see reversal references in the coming days.
CatSAP (SLAP) burns a million dollars in distinctive symbols, which enhances the capabilities of the price
Meanwhile, Catlap Meme Coin New VIRAL New Meme (SLAP) was burned from the distinctive symbols of one million dollars, which reduced the supply and may enhance the price of prices for the famous encryption. A total of 1,196,558,367.83 slaps has been burned, worth more than $ 1.5 million, so far. Symbolic burns increase from scarcity, which is crucial to leading value higher and may lead to increased prices if demand levels remain the same or increase.
CATLAP is the distinctive symbol behind the viral web game where the players earn encryption by slapping cultural symbols. Recently, the SLAPDROP competition distributed a set of $ 100,000 prizes, and the players began collecting SLAP rewards in mid -January.
I have been done. We only burned $ 1,000,000 from $https://t.co/grfgqzv4ej pic.twitter.com/img1hkf0ri
– CatSAP (CATSLPTOKEN) January 31, 2025
After the burn, the Slapdrop competition has officially concluded, and investors have collected more than half a billion slapping icons. Unrestricted rewards will be burned on February 14th, but the amazing director will remain uncommon.
The CatSAP team also made a re -purchase initiative worth $ 533,281 to support the distinctive code price. With the recent growth of the distinctive symbol, including 908 % returning of its preliminary price, and incentives in the upcoming industry such as the potential pro -American traps policy, Catlap is placed to lead the coins sector, and may exceed other famous coins of cats such as Meow and Mug.
The encryption expert and YouTube Jacob Crypto Bury, who owns more than 45,000 subscribers, says the Slap may be the following Meme 100x that reaches the encryption market.
The CatSAP partnership with Best Wallet, one of the fastest and most innovative coding wallets is the most innovative, exposed to more than 105,000 users.
The current price of SLAP is 0.00110921 dollars, and it can be purchased directly on the project website using ETH, USDT or bank card. Instead, investors can also buy Meme with the central Excination Mexc.
Buy a slap here before the “Megaburn” event for the project in 10 days.
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CATLAP (SLAP) – New Mimi Cat currency on Ethereum
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- Appeared
- It is heading on Coingecko, Dextools
- More than 10,000 pregnant women
- Plature to earn interest
- Distinguished symbol burns
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