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Ethereum (ETH/USD) has resumed its positive trading momentum, moving away from the $2,623.77 mark. This development supports expectations for the continuation of the bullish trend in the upcoming sessions, with initial targets set at $2,775.00, extending to $2,905.28.
However, if the price breaks below $2,623.77, followed by a drop to $2,550.00, it would signal a halt to the bullish trend and initiate a potential decline.
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The expected trading range for today is between a support level of $2,540.00 and a resistance level of $2,760.00.
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Trend Forecast: Bullish
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