Ethereum Price Analysis: ETH/USD Poised for Next Leg Higher

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Ethereum Price Analysis: ETH/USD Poised for Next Leg Higher

Key Highlights

  • ETH price traded a few points lower and tested the $200 support against the US Dollar.
  • There is a crucial bullish trend line in place with support at $202 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair must stay above the $202 support and the 100 hourly simple moving average to stay in a positive zone.

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