This article discusses the potential price movement of Ethereum (ETH) in the coming days. Based on technical analysis, the author predicts sideways trading within a specific range. Key factors influencing the prediction are highlighted, including false breakouts and the ATR. The article also emphasizes the importance of conducting thorough research and seeking expert advice before making any investment decisions.
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We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. \If current market conditions persist, sideways trading in the range of $92,000 to $96,000 is the most probable scenario by the end of the week. From a technical perspective, ETH has experienced a false breakout above two key levels. As a significant portion of the Average True Range (ATR) has already been traversed, sideways trading around current prices is the most likely development over the next few days. \On the daily chart, traders should closely monitor the closing price relative to the $1.9669 level. If the closing price deviates significantly from this level, it could signal a local rebound towards the $2.50 area. \ We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
ETHEREUM PRICE PREDICTION SIDEWAYS TRADING TECHNICAL ANALYSIS FINANCIAL ADVICE
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