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  • Ethereum is trading 1.33% lower today as crypto sentiment loses traction.
  • The price is now near an important level on the intraday charts and could break higher.

ETH/USD 1-Hour Chart

The price is consolidation at high levels as the crypto market takes a breather.

Since the start of the week, there have been some pretty decent moves to the upside.

The top trendline on the chart below may act as a resistance level and will need to be broken for the bulls to regain control.

On the downside, 275.00 and 260.00 are the main support zones to keep an eye on.

Ethereum

Additional Levels

 

Expert score

5

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