Ethereum

Ethereum chart overview

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The price of Ethereum recovered after falling to the $1000 level yesterday. A quick consolidation and bullish momentum pushed the price up to $1125. A new pullback and a return below $1100 are happening again, but now we have support at the $1060 level. If we manage to stay at this level, the price of Ethereum could once again be above $1100 today. After that, if the positive consolidation continues, ETH could continue towards the $1200 resistance zone. For a bearish option, we need a continuation of this morning's negative consolidation and a drop below $1050. Then we would again have a target of $1000 as the first potential support.

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