The price of (ETHUSD) rose slightly in its last intraday trading, due to the stability of the support level at $4,075, gaining bullish momentum with the beginning of forming bullish divergence on the relative strength indicators, after reaching oversold levels, exaggeratedly compared to the price move, with the emergence of positive overlapping signals, amid the dominance of the bullish corrective trend on the short-term basis, with the continuation of the dynamic support that comes from its trading above EMA50, to reinforce the chances of the price recovery on the near-term basis.

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