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Forecast update for Ethereum -07-08-2026
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Forecast update for Ethereum -07-08-2026
Aug 7, 2026 6:42 AM

(ETHUSD) rose in its last intraday trading, to begin its recovery, amid the continuation of the positive pressure that comes from its trading above EMA50, which represents dynamic support that reinforces the dominance of the main bullish trend on the short-term basis, especially with its trading alongside supportive trend line for this path, noticing the emergence of positive signals from the relative strength indicators, after offloading its overbought conditions, opening the way for extending these gains on the near-term basis.

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