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Ethereum Price Prediction: ETH Must Breach This Barrier to Find Its Rhythm
Ethereum price has struggled in the second half of the year, trading below the $3,500 mark since late July. The downward breakout below that mark triggered a bearish run that set it on course to register a four-month losing streak. ETH has not registered such a streak since November 2018, underlining the FUD sentiment that currently prevails in the market. As of this writing, ETH price was up by 0.3 percent on the daily chart, recovering after its previous four-day winning streak was interrupted on Wednesday near the $3,400 mark. In addition, the crypto coin trades below the 20,50, 100 and 200-SMA levels. That means ... (full story)
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- Posted: Sep 12, 2024 10:01pm
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 112
