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Ethereum price consolidates above $2,050 despite growing adoption

From tradersunion.com

Ethereum looks steadier than it did earlier in the week. It has now held above $2,000 for several sessions, which gives buyers a level they can actually defend instead of trying to win back on every rebound. The next area to watch sits around $2,085, with the low $2,100 zone just above it. That is where the latest push started to fade, so a break through that band would improve the short term picture, while a move back below $2,000 would leave the recovery looking much less secure. That leaves the short term setup fairly simple. As long as the token trades above the $2,000 region, buyers can still define the latest ... (full story)

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  • Category: Fundamental Analysis