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Ethereum Price Analysis Jan 2022

Ethereum Price Analysis, Jan 4th Week 2023

Ethereum Price Analysis on 4-Hour Charts is showing a very weak chart pattern. The prices could drop down to $1506 if chart pattern materializes. The chart is clearly showing downward growth in the near future(1 week). Ethereum and Bitcoin have been in heavy accumulation mode for past few months. Now that prices have rise, about 41% in one month, some profit booking is expected. Ethereum 4-Hour Charts has shown multiple factors that might bring down Ethereum prices to $1506 from currently $1580. Targets and Stoploss For the above setup, it is advisable to short Ethereum with a leveraged trade. Leverage

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