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Key Highlights
ETH price started a nice upside recovery and moved above the $710 resistance against the US Dollar.
There is a key bullish trend line with support at $710 forming on the hourly chart of ETH/USD (data feed via Kraken).
The pair is currently correcting lower, but it remains supported near $705, $710 and the 100 hourly simple moving average.
Ethereum price is recovering against the US Dollar and Bitcoin. ETH/USD is now trading above the 100 hourly SMA and $705, which is a positive...
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