- Ethereum price has sliced through the 50-day SMA at $3,196, indicating a bullish outlook.
- ETH eyes a 14% upswing despite facing a stiff resistance barrier at $3,413.
- A breakdown of the $3,081 support level could trigger a 9% retracement to $2,792.
Ethereum price has flipped a crucial barrier, suggesting an increase in buying pressure. This move comes after ETH experienced a massive uptrend over the past week. Going forward, investors can expect more gains from the…
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