RATE Group | Ethereum (ETH) Technical Analysis
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Ethereum (ETH) Technical Analysis

24 Jul Ethereum (ETH) Technical Analysis

Posted at 01:03h in Ethereum News by

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Despite recent market wide appreciation, Ethereum (ETH) is literal unresponsive and trading below $550. Because of this and in line with our previous Ethereum (ETH) technical analysis, we remain neutral. Besides, we remain cautious and aware that any dip below $400 will mean bear trend resumption.

From the News

Interesting developments in the crypto world and as the market matures; chances are we might see more institutional involvement.

Already, by accepting merchandise purchase in crypto, Samsung Stores across the three Baltic States of Lithuania, Latvia and Estonia are directly endorsing cryptocurrencies.

Encouragingly, this could open the door for high stake companies to accept crypto. That would not only improve confidence in the sector but would help steady prices and probably eliminate volatility for which crypto is well known for.

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