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Ethereum Ranging

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Ethereum still remains rangebound between $1017 and $1235. We have been in this sideways corrective pattern all week. The Kovach OBV is pretty flat, but has a bear drift to it. This and the lack of buying interest and stock market slump suggest we may see another selloff. If so, $1017 is likely to provide support, but if not, we should see support in the $900's. If we are able to break out then $1341 is the next target.

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