- Ethereum price indicates the possibility of a minor bounce on a short-term outlook.
- The macro outlook for ETH shows that there is a potential for a 30% crash to $1,300.
- On-chain metrics suggest that the smart contract token could continue to bracket between $1,700 and $2,200.
Ethereum price has flipped its direction on the three-hour chart, undoing gains seen between May 28 and 31. While this correction might seem bearish, it could trigger a minor relief rally…
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