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Ether drops back closer to $3000

23 Sep, 2021

Earlier today the price of Ethereum (ETHUSD) rose further above the $3000 level it had reclaimed yesterday. That move extended towards $3,150, topping out earlier on at 3148. Since then it has been steadily drifting lower and a short while ago it fell closer to retesting that $3000 level once more. The current price action is really rather interminable and it is not certain here where the next move is coming from or leading to, inside a wider 2700-3300 range. So, overall we are still very pivotal in regards of the longer term direction. The move lower in Ether has come with a corresponding drop back in BTC. That has now dipped underneath 44k and headed closer to 43,500 as this update is concluded. ETHUSD is just now trading at $3,063
 

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