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Ethereum price (ETHUSD) breaks main bullish trend line - Analysis- 23-03-2026
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Ethereum price (ETHUSD) breaks main bullish trend line - Analysis- 23-03-2026
Mar 22, 2026 11:28 PM

Ethereum (ETHUSD) kept declining in its recent intraday trading, affected by the dynamic and negative pressure that is represented by its trading below EMA50, to break main bullish trend line on short-term basis, intensifying the negative pressure on the price, despite the emergence of positive overlapping signals from the relative strength indicators, after reaching oversold levels, which helped it to reduce the sharp losses, which will not has strong effect unless it recovers the key and near resistance levels.

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