Ethereum price bound for another test of the psychological $4,000 barrier

  • Ethereum price is positioned for another run to the $4,000 level.
  • Failure to hold support could trigger a push towards new multi-month lows.
  • Bulls and bears battle between $3,100 and $3,300.

Ethereum price action is mixed. The weekly close above $3,300 was necessary to establish support and create a pivot to push higher, but the daily displays weakness as sellers drive Ethereum below the past three days candlestick bodies.

Ethereum price looks for a return to…


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