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Ethereum: Continues to Recover from Pullback
Ethereum rallied slightly during the early trading session on Tuesday, only to turn around and show signs of life again. Ultimately, we have broken above the 50-Day EMA, and it looks like we are trying to turn things around and continue to go higher. At that point, it’s also possible that we could go as high as the $3500 level above, which is right in the middle of the overall consolidation area that we have been in. The market continues to consolidate in the same area that it has been in for a while. The $3000 level underneath continues to offer plenty of support, while the $4000 level above has been a ceiling in ... (full story)