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Cryptela — Cryptocurrency News and Market Intelligence
Crypto Potato 2022-12-26 14:53:21

Ethereum Price Analysis: ETH At Risk, Might Retest $1000 Soon

Over the past few weeks, we saw a mini-rally that was initiated at the wedge’s lower boundary (shown below); however, Ethereum’s uptrend was halted by the 50-day moving average line significant resistance level. Since the rejection, ETH has seen consolidation in a very tight range. Another bearish leg might soon start unless the price breaks
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