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Ethereum price prediction: Will $2,420 resistance cap ETH trades flat?
Ethereum is trading at $2,368.30, up 0.06% on the day and positioned above its key short- and medium-term moving averages, though it remains below longer-term benchmarks. Ethereum has attracted renewed buying interest from large holders, with approximately 140,000 ETH valued at $322 million accumulated over the past four days, reducing immediate supply and supporting upward price action. This coincides with exchange reserves falling to a multi-year low of 14.5 million ETH, further tightening market availability and amplifying the effect of large transactions. Institutional demand is also recovering, as spot Ethereum ... (full story)
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