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The (ETHUSD) price is experiencing a justified profit taking -Analysis- 03-07-2025
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The (ETHUSD) price is experiencing a justified profit taking -Analysis- 03-07-2025
Jul 2, 2025 9:26 PM

The (ETHUSD) price declined in its last intraday trading, gathering the gains of its previous rise, and attempts to gain bullish momentum that might assist it to rise again, and offloading some of its clear overbought conditions on the (RSI), especially with the emergence of the negative overlapping signals from there, amid the dominance of bullish correctional wave on the short-term basis and its trading alongside a bias line, with the continuation of the positive pressure due to its trading above EMA50, forming a dynamic support that keeps the positive track.

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