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Business & Economics

Ethereum Price Remains In Deep Correction As Standard Chartered Slashes ETH Target By 60%

CoinGape
Summary
Nutrition label

61% Informative

ETH is grappling with dour sentiment over its price movement.

The asset firmly remains in the correction zone as several factors stand in the way.

Standard Chartered's decision to slash price predictions by 60% confirms pessimism for the asset.

At the moment, the price hovers around $1,930 continuing its unenthusiastic ranging pattern.

VR Score

38

Informative language

24

Neutral language

35

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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