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XETUSD News

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Last Updated Date: 6 September 2021 @ 6:58 AM (UTC)
*Please note that all the dates are in GMT time zone

Ether (ETH) returned to $4,000 on Sept. 3 for the first time since May as a solid week of gains culminated in a major price milestone.

Against month-to-date gains of $600, the pair reclaimed the historic level it had lost in the dramatic trend reversal that rocked the cryptocurrency market roughly three months ago.


The market is signaling a bear downturn with the breakout under the previous swing low opening up potential for a wash to 3741. Trade is poised for follow through pressing declines 3348. Any corrections will likely stay trapped below 4025. A close over 4025 secures a reversing turnaround.
 

 
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