Despite the growing uncertainty over the ETH price rally, the token is believed to trigger a strong upswing and mark new highs
Ethereum (ETH) has shown signs of weakness, trading around $1,790 at the time of writing, after briefly reclaiming the key $1,861 support on Tuesday. The price declined nearly 6% the next day and found short-term stability near $1,800. With the daily RSI reading at 37 and trending downwards, ETH continues to face strong bearish pressure.
Read Ethereum Price Prediction for more insights
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