# Ethereum’s failure to close above .3K prompts analysts to predict more downside

# Ethereum’s failure to close above $1.3K prompts analysts to predict more downside

” Ethereum’s failure to close above $1.3K prompts analysts to predict more downside “ The Ethereum (ETH) network moved one step closer to completing its transition to proof-of-stake (PoS) this week after the successful completion of its second-to-last major Merge trial on the Sepolia public test network. Data from Cointelegraph Markets Pro and TradingView shows that…

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