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Ethereum Price Holds 100 SMA, Awaits Clear Signal

ETH crucial support

Ethereum’s value exhibited a consistent upward trend, surpassing the $2,180 resistance and gaining bullish momentum upon closing above $2,200. The price surged beyond $2,300, settling above the 100-hourly Simple Moving Average, reaching a pinnacle at $2,332, and currently undergoing consolidation. Despite a minor bearish wave below $2,300, Ethereum remains resilient above $2,240 and the 100-hourly …

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