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ETHEREUM (ETH) Midday Analysis 12-02-2018

 

The price of ETHEREUM is now trading positively to break the $848.14 level and is trying to stabilize above it, which signals the price attempt to return to the main upside trend and stop the negative pressure that is dominating the recent trading.

Therefore, we prefer to stop neutral now to monitor the behavior of the price for the mentioned level, as stability above it will push the price to $958.16 initially, while trading without again will press the price to visit the areas of $712.00 as a negative first.

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