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Ethereum (ETH) rises despite mining profit drop
A decisive close below the flag could strengthen negative efforts to retest the $3.3 support. That would make it challenging for purchasers to prevent the printing of more recent ATLs (all-time lows). Continued pattern variations are likely to result in a retreat from $5.6. Reasoning Over the previous two months, the RSI (Relative Strength Index) has hovered towards the bearish area. APE could retest $3.0 if it breaks below 42, indicating a heightened selling tendency. In addition, the CMF (Chaikin Money Flow) validated the negative thesis. In order to identify bearish employee - driven, followers should evaluate potential escapes outside of this level. Final Remarks Given the negative flag & pole structure and APE's price decline below the 20-50 exponential moving average, the alternative may see a pattern rupture. The objectives would remain as stated previously. Dealers in ApeCoin should monitor on-chain changes and market sentiment to ensure profitable decisions. Keep abreast on the most recent events in the crypto sector.
Future of Virtual Currencies What Comes Next What Do Industry Insiders Think About Crypto's LongTerm Prospects
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