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Ethereum Technical Evaluation Report 9 July, 2024 – FinanceFeeds

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Ethereum cryptocurrency will be anticipated to rise additional towards the subsequent resistance stage 3200.00

– Ethereum reversed from assist zone

– More likely to rise to resistance stage 3200.00

Ethereum cryptocurrency lately reversed up from the mixed assist zone situated between the important thing assist stage 2875.00 (which has been repeatedly reversing the price from the beginning of April), decrease each day Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from the beginning of this yr. The upward reversal from this assist zone created the each day Japanese candlesticks reversal sample Hammer Doji.

Given the power of the close by assist zone, Ethereum cryptocurrency will be anticipated to rise additional towards the subsequent resistance stage 3200.00 (former assist from the tip of June, which stopped the earlier minor impulse wave 1).

Ethereum analysis

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