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ETH price consolidation trendCoinGape
•62% Informative
The ETH price showed a modest drop of 0.3% during the U.S. Trading session on Wednesday , currently trading at $ 2432 .
A symmetrical triangle pattern drives the mid-term sideways trend in the ETH price.
The 365-day MVRV ratio around 13.7% hints at a possible long-term recovery.
15% decline in 24-hour active addresses and a steady rise in ETH supply since July suggest weaker network activity.
VR Score
43
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35
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46
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formal
Language
English
Language complexity
48
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not hateful
Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
9
Source diversity
4
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