The (ETHUSD) price rose in its last trading on the intraday basis, due to the stability of the support level at $3,885, this support represents our expected target in our previous analysis, gaining positive momentum that helped it to achieve these gains that target recovering some previous losses, amid the continuation of the negative pressure due to its trading below EMA50, and under the dominance of the main bearish trend on the short-term basis and its trading alongside trendline, noticing the negative signals on the relative strength indicators after offloading its oversold conditions in its previous moves, opening the way for recording more of the losses on the near-term basis.
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