Can buyers keep the price of Ethereum (ETH) above $3,000 until the end of the week?.
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U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.On the hourly chart, the price of ETH is in the middle of the local channel between the support of $3,050 and the resistance of $3,129. As neither side is dominating, there are low chances to see sharp moves by tomorrow.On the bigger time frame, the rate of the key altcoin is far from the support and resistance levels. In this case, traders should pay attention to the interim zone of $3,000.From the midterm point of view, the weekly candle is about to close with a long wick, which is a bearish signal. If the situation does not change by the end of the day, traders may see a test of the $2,500-$2,700 range.BTSE Unveils Stable Staking: A Major Initiative Offering Up to 500% APR
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