- Ethereum price shows a significant influx of investors actively participating in the network.
- The bears have successfully breached the 8-day exponential moving average.
- Invalidation of the bearish thesis is a breach above $1,330.
Ethereum price could become problematic for long-term investors as a sweep-the-lows event is becoming more self-fulfilling. Key levels have been identified.
Ethereum price is setting up for a correction
Ethereum price displays…
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