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Day October 20, 2023

Ethereum Price Outlook: Will the Break Above $1,600 Lead ETH to $2,000?

On the daily chart, Ethereum’s price has found support at the $1,550 level once again, preventing further decline towards the $1,400 area. The 50-day moving average is currently being tested around the $1,600 mark. A successful break above this level would likely lead Ethereum towards the $1,750 resistance, with the…

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