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Ethereum: Sees Upward Momentum

From dailyforex.com

Ethereum showed signs of an upward trend early in the trading session on Tuesday. The market remains active with a lot of fluctuations. However, there's noticeable support around the $2100 level, which has been a significant point multiple time before. This level used to be a tough barrier when the market was climbing, acting like a ceiling that Ethereum struggled to break through. If Ethereum's price drops a bit, this $2100 level might provide some support again, but even if it falls below this, the 50-Day Exponential Moving Average could offer even stronger support. It's a good idea to keep an eye on this area. ... (full story)

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  • Category: Technical Analysis