The price of #Ethereum was once again rejected at the bull market support band (or bear market resistance band if you prefer). Additionally, the rejection came timely at the 200D SMA. This shows us once again that the bearish bias we have maintained in 2022 is correct, and given the macro conditions, there still has not been a compelling reason to think otherwise. What do you think of this analysis on the price of #Ethereum? Let me know in the comments!
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Disclaimer: The information presented within this video is NOT financial advice.
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#Ethereum #Rejected
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