Ethereum Price Analysis: ETH at Potentially Significant Turning Point

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Ethereum Price Analysis: ETH at Potentially Significant Turning Point

Key Highlights

  • ETH price remained in a bearish zone and it is currently trading below $90 against the US Dollar.
  • This week’s followed important bearish trend line is active with resistance at $90 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair may decline in the short term towards the $85 level or the $82 support zone.

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