- Ethereum price saw bulls entering at the monthly pivot near $3,429.
- Price action to the upside got rejected at the monthly R1 resistance level at $3,836 and just a few bucks shy of the red descending top line.
- With bulls taking the upper hand this week, expect a further continuation with a break of the red descending trend line and a retest of $4,085.
Ethereum (ETH) price is on the verge of breaking higher after the first week of October offered bulls an…
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