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Ethereum (ETHUSD) is exhibiting positive movement as it attempts to rise above the $2,623.77 level. Positive signals from the stochastic indicator suggest further potential for upward momentum, with anticipated targets at $2,775.00 and $2,905.30 in the coming sessions.
The continuation of this bullish trend hinges on the price maintaining stability above $2,545.00. A drop below this level could signal a shift to a bearish trend, with initial targets around $2,355.00.
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Today’s expected trading range is between $2,530.00 for support and $2,780.00 for resistance.
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Trend Forecast: Bullish
