Ethereum remains trapped in a tight range during a period of extremely low volatility. Short term support continues to prop price just below the $2,000 mark, while $2,050 has become a bitter point of resistance on the lower time frames.
Higher time frames paint a more dreary macro picture for Ethereum, with the weekly 21 exponential moving average becoming a stubborn point of resitance to the upside at $2,175.
It’s worth noting that anticipation around Ethereum’s upcoming London fork is…
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