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Is Ethereum gearing up for a major comeback?
Ethereum (ETH) remains under pressure, struggling to reclaim the $2,800 level after shedding 21% of its value since January 31 as bearish sentiment grips the market. However, signs of a potential rebound are emerging, with both technical indicators and fundamental factors suggesting a shift in momentum. At press time, ETH is trading at $2,693, up 1.09% in the past 24 hours. Despite the slight recovery, the second-largest cryptocurrency remains down 2.4% on the weekly chart, reflecting ongoing market uncertainty. An analysis by crypto analyst Ali Martinez has identified a TD Sequential Buy Signal on Ethereum’s ... (full story)
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- Posted: Feb 14, 2025 11:40am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 337
