yesterday, Ethereum retraced slightly to the upper side but is still below the 90 Simple Moving Averages, unless the price clearly breaks above the last SMA, i expect a surge to the lower side with an ideal take profit at $352.00. On its way to the lower side, the key lines to look for include $453.30, $440.10, $400.00 and $382.00 . On the other side, should the price break above 90 SMA, I'll expect a rally to the upper side.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Imelda Maseno
Analyst of «FreshForex» company
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