Ethereum Price Analysis: Technical Outlook Suggests Low Demand and Accumulation
07/12 01:31
Ethereum's price has remained stable with minor gains on the daily chart while Bitcoin's indecisiveness has slowed down altcoins. Despite reduced buying strength, buyers still hold an advantage over sellers in the market, but if Ethereum fails to move above its immediate resistance, the coin may retrace on its chart. The release of US CPI data is expected to significantly impact the market in the coming weeks.
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