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Ethereum (ETHUSD) price rises cautiously – Today's forecast – 16-06-2025 $ETH
The price of Ethereum (ETHUSD) has recently increased at the momentary levels, supported by the positive signals from the relative strength indicators, allowing the price to touch its recent rise resistance at the simple moving average for the period of 50. This comes after being affected earlier by breaking a major upward trend line in the short term, which may expose it to compounded negative pressure, especially with the relative strength indicators reaching areas of excessive buying saturation compared to the price movement.
Ethereum (ETHUSD) price rises cautiously – Today's forecast – 16-06-2025 $ETH
The price of Ethereum (ETHUSD) has recently increased at the momentary levels, supported by the positive signals from the relative strength indicators, allowing the price to touch its recent rise resistance at the simple moving average for the period of 50. This comes after being affected earlier by breaking a major upward trend line in the short term, which may expose it to compounded negative pressure, especially with the relative strength indicators reaching areas of excessive buying saturation compared to the price movement.
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ETH
2,654.29
+5.78%