Ethereum Price Analysis: Don’t Miss This Bullish Correction!

Ethereum is gaining further traction on its bullish run, but it could need more support from buyers on a correction. Price is hitting resistance around $645 and the Fib tool shows that the 50% retracement level lines up with potential support.

The 38.2% Fib is located at $588.30 and the 50% level is at $570.56. The 61.8% Fib is at $552.82 and the line in the sand might be the 78.6% Fib at $527.52.

The 100 SMA is above the longer-term 200 SMA to confirm that the path of least resistance is to...

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