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The (ETHUSD) hits the resistance of its simple moving average- Analysis- 29-09-2025
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The (ETHUSD) hits the resistance of its simple moving average- Analysis- 29-09-2025
Sep 28, 2025 9:49 PM

The (ETHUSD) price settled with strong gains in its last intraday trading, attempting to correct the main bearish trend amid its trading alongside minor trend line on the short-term basis, reaching the resistance of its EMA50, which puts it under the negative pressure and ends the rise, especially with emergence of negative overlapping signals on the relative strength indicators, after reaching overbought levels, with suggest forming negative divergence.

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