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Ethereum price risks $1,700 as support weakens

Ethereum price fell 2% to around $1,847 on Aug. 3 after another rejection near key moving averages left the $1,800 support zone exposed. Summary Ethereum price fell 2.04%, reaching an intraday low of $1,828. ETH remains below its 50-day and 100-day moving averages at $1,889 and $1,927. 4-hour MACD and Chaikin Money Flow readings show…

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