- ETH’s price slowed down after showing so much strength as it rallied to a high of $1,600 but got rejected as the price maintained downward.
- ETH could suffer retracement as the price holds above the key support area, holding the price off from sellers with hopes of a rebound.
- ETH’s price remains strong on the daily timeframes as the price trades above the 50 Exponential Moving Average (EMA).
Ethereum (ETH) showed some incredible price action as the…
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