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Ethereum bulls must break $2.8K: What will trigger a 'violent move'?
Ether's price rose to a four-month high at $2,880 on June 11, before correcting to the current value at $2,550. Several analysts said a key resistance remains at $2,800, and the price needs to flip this into support to trigger a “violent move upward.” “Ethereum price price action is compressing right below this big $2.8K level,” said popular crypto analyst Daan Crypto Trades in a June 16 post on X The trader asserted that a decisive close above this level would be a “good setup” for a move higher. “If we see a convincing break above $2.8K and hold there, that would be a good setup for a move to the ... (full story)
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