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Ether on the rebound so far today

03 Dec, 2021

Yesterday the noted stalling in the price action of Ether at around 4,750 was covered here. The price did rebound from an earlier low at 4456 into the 4pm London fix, but that move was not sustained and later it fell back once again, setting a new session low at 4,436 after the European close. A subsequent rise in Asian trading today was followed by another dip, from above 4550, to around 4475. However, it is on the rebound again right now, rising to session highs a few moments ago as it tries to close in on 4600. The range seen so far today has been covered by 4474 to 4593. ETHUSD is currently trading at 4587
 

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