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The price of Ethereum is expected to return to $3,200 when ETH bulls breach a major barrier

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The price of Ethereum has surpassed the 50-day simple moving average (SMA) of $2,853, signaling an increase in purchasing pressure.
A successful retest of the 50-day simple moving average (SMA) would cement the breakthrough and anticipate a climb to $3,200.
A twelve-hour candlestick closure below $2,558 will result in a lower bottom…




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