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shankarrao2006
@shankarrao2006
ETH/USD Short term, ETH remains range bound between $2,325 and $2,740. After a brief test of the range high last week, price has since fallen back inside, leaving us once again watching these levels for directional resolution. Long term, ETH continues to trade below the Blue band on the weekly FibMA (~$2,687), which has historically marked the transition out of accumulation zones. Until this band is confidently reclaimed, the longer term bullish structure for ETH remains unconfirmed.
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