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Thursday

05 August 2021

Ethereum Price Analysis: ETH Could Rally Again Unless It Breaks $195

Ethereum Price Analysis: ETH Could Rally Again Unless It Breaks $195


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ETH price traded below the $210 and $208 support levels.

Besides, there was a close below the $210 level and the 55 simple moving average (4-hours).

If there is a successful close above the triangle resistance, the 55 simple moving average (4-hours), and $210, the price is likely to accelerate higher in the near term.

If there is a proper close below the $195 level, there is a risk of bearish continuation towards the $180 support level.

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The Idea That The Bitcoin Bottom Is In Is Broadening
published: 58 minutes ago
Calls for a trip back to $20,000 or even lower were in abundance after Bitcoin collapsed by 50% and sent the market into a bearish state. However, the idea

sentiment (-0.2) Negative

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Market data feeds provided by cryptocompare.com
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