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Ethereum price breakoutCoinGape
•Business
Business & Economics
62% Informative
ETH price is hovering near $ 2,741 , showing a cautious trend in the market.
Key price levels could play an important role in determining its direction over the coming weeks .
The 50-day moving average ( MA ) has crossed above the 100 day moving average, a Golden Cross.
The MACD line is crossing above the signal line, which suggests that buyers are gaining strength.
ETH reserves across centralized exchanges are at their lowest level in nearly nine years .
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