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Vauld Insights 2022-05-16 07:30:00

Ethereum’s Topside Potential Above $2,000 Limited Amidst Soaring Exchange Inflow Volume

The progressive increase in exchange inflow volume dampens Ethereum’s price recovery above $2,000. Based on the Supertrend and the DMI indicators, recovery to $2,400 may take longer. The IOMAP model by IntoTheBlock reveals weak support areas for Ethereum and a robust barrier between $2,263 and $2,325. The largest smart-contracts token, Ether, mirrored the weakness in […]The post Ethereum’s Topside Potential Above $2,000 Limited Amidst Soaring Exchange Inflow Volume appeared first on Vauld Insights.

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