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3 reasons Ethereum price risks 25% downside in June -Breaking

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There are 3 reasons Ethereum prices could be 25% lower in June

Ethereum’s native token Ether (ETHIn dollars terms, ), has lost more than 50% of its value by 2022 and also fell against ().BTC() And now, remains below $2,000 For many reasons.

What’s more, ETH price could face even bigger losses in June due to another slew of factors, which will be discussed below.

Source: CoinShares/Bloomberg. Source: CoinShares/Bloomberg
Ethereum TVL, June 5. Source: DeFi Llama
Daily price chart with a ‘descending triangle” setup TradingView
Ethereum Exchange Reserves Source: CryptoQuant