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Ethereum Price Forecast: ETH gains 5% on renewed optimism among derivative traders

Ethereum Price Forecast: ETH gains 5% on renewed optimism among derivative traders

Published 2 months, 1 week ago
Description
Ethereum's rising Taker Buy-Sell Ratio suggests derivative traders likely drove Friday's price jump.
US investors maintain cautious sentiment following strong outflows in ETH ETFs and declining Coinbase Premium.
ETH could see a rejection again at the 20-day EMA after holding the symmetrical triangle support.
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