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Ethereum consolidates near the resistance of $3,080 as bulls face a...
Ethereum saw its price rise above $2,980 after recent volatility, with the cryptocurrency now consolidating near a critical resistance level at $3,080. This movement places ETH above its simple moving average over 100 hours, as traders watch for a potential breakout.
What happened: recovery rally
Ethereum initiated a bullish movement above $2,880, reflecting Bitcoin's trajectory during the same period.
The cryptocurrency broke resistance levels at $2,920 and $2,950 before entering positive territory.
What happened: recovery rally
Ethereum initiated a bullish movement above $2,880, reflecting Bitcoin's trajectory during the same period.
The cryptocurrency broke resistance levels at $2,920 and $2,950 before entering positive territory.
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ETH
2,925.37
-3.94%
