ETHUSD neutral

Ethereum is within a rectangle

04 August 2021 452
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For two and a half months, Ethereum has stayed within a horizontal channel which has shaped a rectangle. Its borders are 1800 and 2800. At the moment, there are no foreseeable shocks to the crypto market, so the movements up and down from the borders of the channel are likely to continue. 

This content is for informational purposes only and is not intended to be investing advice.

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