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ETH Bulls to Target $2,150 on Favorable SEC v Ripple Ruling
Ethereum (ETH) rallied 7.16% on Thursday. Reversing a 0.37% fall from Wednesday, ETH ended the day at $2,006. ETH held onto the $2,000 handle for the first time since April 2023. Ethereum Price Action This morning, ETH was up 0.23% to $2,011. A range-bound start to the day saw ETH fall to an early low of $2,005 before rising to a high of $2,028. The Daily Chart showed ETH/USD sitting below the lower level of the $2,075 – $2,105 resistance band. However, ETH/USD currently sits above the 50-day ($1,866) and 200-day ($1,765) EMAs, signaling bullish momentum over the near and long term. Notably, the 50-day EMA widened ... (full story)