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Ethereum price holds above $3K but network data suggests bulls may get trapped

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cointelegraph.com

When analyzing Ether's (ETH) price chart, one could conclude that the 3-month long bearish trend has been broken for a few reasons.

The current $3,100 price range represents a 43% recovery in 15 days and, more importantly, the descending channel resistance was ruptured on Feb.

Read more on cointelegraph.com
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