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Home Cryptocurrency Ethereum

Ethereum Surges to $2.5K as Bulls Return

ETH has reached a pivotal resistance region, indicating its next move. Surpassing the resistance could lead to heightened volatility and a bullish trend for Ethereum. Its price action in this range is crucial.

by John Darbie
Thu, Feb 8, 2024 8:06pm
in Ethereum
• 2 mins read
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Ethereum Surges to .5K as Bulls Return | FinOracle

Photo: Finoracle.me

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Ethereum Finds Support at Critical 100-Day Moving Average, Signaling Shift in Market Sentiment

Ethereum’s recent price action has seen it find support around the critical 100-day moving average, indicating a potential shift in market sentiment from bearish to bullish. The cryptocurrency has embarked on a bullish retracement and has now reached a pivotal resistance region, setting the stage for its next move.

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Tags: AIARCESCritical ResistanceCryptoCryptocurrencyCurrencyETFETHEthereumEUInsightsInvestorMarketMarket sentimentMoving averageNetFlowPotentialPriceTechnical analysisTrendsUSWedge pattern
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