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Ethereum (ETH/USD) maintains its position above $2,623.77, demonstrating stable positive movement and reinforcing the bullish trend outlook. This trend supports a potential rise towards the $2,905.28 level as the next target.
The recent double bottom pattern has bolstered the bullish scenario, with potential gains extending towards the $3,000.00 mark. Continued bullish momentum relies on Ethereum staying above the key levels of $2,623.77 and $2,545.00.
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The anticipated trading range for today is between $2,600.00 for support and $2,870.00 for resistance.
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Trend Forecast: Bullish
