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ETH Price Analysis: Ethereum Foundation Spotted Moving 50,000 ETH, Is It Bullish or Bearish?

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Summary
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74% Informative

ETH price opened trading around the $ 2,630 level on February 10 , entering a three-day stagnation phase.

ETH price experienced a sharp 20% decline between February 1 and February 7 , dropping from $ 3,300 to the $ 1,600 level.

ETH technical indicators suggest bulls are preparing for a strong start to the coming week .

Historical data suggests ETH prices dipped following large ETH Foundation outflows.

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Why did the ETH Foundation transfer 50,000 ETH ? What price levels should ETH traders watch this week ? - ETH Price Analysis.

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VR Score

62

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54

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50

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formal

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English

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61

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short-lived

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