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  • Ethereum price seems prime for rejection.
  • A spike in selling pressure could see ETH drop to  $2,300.
  • Only a break above $2,700  might delay the bearish outlook.  

Ethereum price appears to be losing strength despite the recent rebound.  

Ethereum price faces rejection

In the following video, FXStreet’s analysts  evaluate  where Ethereum price could be heading next as ETH  fails  to break above crucial  resistance.