Ethereum Price Analysis

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Currently, price is near its support level of $1650. If $1650 support breaks next support level is at $1580. The resistance level is at $1715.

On a daily timeframe, the price is above 21-EMA and 50-EMA.
MACD > MACD line and MACD > 0 : Bullish momentum
RSI>50: Bullish momentum

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