Key price levels to watch out as Ethereum enters Q3 in a negative posture - Aliens: AI Crypto News & Markets Updates
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Key price levels to watch out as Ethereum enters Q3 in a negative posture

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FX Street

Fri, Jul 01, 2022

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Aliens TLDR

Ethereum (ETH) price has been clawing back losses at the start of the trading day, but attempts have been cut short quite quickly after Europe opened, and saw equities dragged to the downside.

Now it looks like price action will have to take a step back, becoming less volatile as liquidity gets pulled for the summer.

Ethereum price already broke the high of yesterday during the ASIA PAC session but quickly fell down again below its opening price once Europe started to come into play.

This means a bullish shift could be possible for a few days, with price action getting lifted towards $1,243, and then capped by the monthly pivot at $1,300.

The author will not be held responsible for information that is found at the end of links posted on this page.

The author has not received compensation for writing this article, other than from FXStreet.

The author makes no representations as to the accuracy, completeness, or suitability of this information.

FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

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