Ethereum Price Faces Fed Policy Uncertainty as Rate Decision Looms

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According to Cryptoticker, Ethereum price is currently trading around $2,933 amid uncertainty surrounding the Federal Reserve’s December meeting. The Fed is debating whether to delay or cancel the meeting due to missing job data, which could impact investor sentiment and crypto markets. Historically, rate cuts have supported risk assets like Ethereum, but delayed decisions may stall bullish momentum. On the daily chart, ETH is testing the mid-Bollinger Band after a multi-week downtrend, with key resistance near $3,158 and support between $2,640–$2,700. A close above $3,200 could signal a potential bullish expansion, while a drop below $2,800 may lead to further declines.

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