Ethereum Entering “New Bull Phase” as Technical Structure Shapes Up

Ethereum Entering “New Bull Phase” as Technical Structure Shapes Up

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Ethereum is currently on the cusp of breaking back into its long-established trading range between $230 and $250.

A recent influx of selling pressure experienced by the cryptocurrency forced its price to break below the lower boundary of this trading range for an extended period of time, with ETH even testing its crucial support at $220 on a couple of occasions.

This price action has represented…

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