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No rebound yet for Ether today

10 Sep, 2021

As Bitcoin just now dips back underneath 46k again, the price of Ethereum (ETHUSD) has not yet managed to rebound today. Earlier the second largest cryptocurrency fell close to $3,350. It did rebound back above 3400 after that, but more recently it is pressing on the downside a bit more now. The price could extend on that downside if it does fall below 3,500. So, with the weekend approaching, a lack of recovery back above 3500 may not rest to well for upside traction over that rather unpredictable two-day trading period. Of course much will also depend on how BTC trades over that period too, and also which one ends up leading the other in terms of direction. ETHUSD is just now trading at 3,368

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