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Ethereum price chart suggests the second-biggest currency is currently in a mixed position. Ethereum's price appears to be consolidating with current support at the $2,900 level. If there is a potential growth scenario toward resistance at $3,400,would need to maintain the current pace. A break beyond that could see Ethereum challenging higher levels, possibly around the $3,650 mark.
While the outflows from Binance and market share reduction could be part of a funds redistribution by large-scale investors, Ethereum's technical indicators and support levels remain mixed.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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