Ethereum price drops below $3500, down 1.87% today 👇✅

The price of Ethereum has fallen below $3500, down 1.87% today

ETH has just dropped to below $3500, currently trading at around $3497.28, down 1.87% today.$ETH

The movement in ETH price shows a correction in the cryptocurrency market, affecting investor sentiment as well as short-term and long-term trading strategies.

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ETH price has fallen below $3500 for the first time in a while

The current price is $3,497.28, down 1.87% from the start of the day.

The correction trend may affect the wider cryptocurrency market. $XRP

What is the current trading price of ETH and what does it mean?

According to the latest OKX statistics released on July 19, 2024, the price of Ethereum has fallen below $3500, currently at $3497.28, marking a decline of 1.87% today. This price is sensitive to many investors, as $3500 is considered an important support level in cryptocurrency technical analysis.

The drop in ETH price below this level may indicate a short-term correction in the market, prompting traders to consider more suitable strategies for risk management and asset allocation.

The drop of ETH below $3500 $BTC $ETH