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Ethereum (ETH) Price Analysis: Short-Term Rally in the Works?

Ethereum might be done with its slide as it forms an inverted head and shoulders reversal pattern on its 1-hour chart. Price is still testing the neckline and a break higher could spur a rally of the same height. The 100 SMA is above the longer-term 200 SMA to indicate that the path of least resistance is to the upside. In other words, the uptrend is more likely to gain traction than to…
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