Ethereum price analysis: ETH/USD upside gains hit constriction at $490; will the 50 SMA hold marginally above $480

The 50% Fib retracement will limit gains towards $500, while the 61.8% is supporting the price at $483. ETH/USD has formed a short-term bullish flag pattern pending another upside breakout in the medium-term. Like most of the cryptocurrencies on Thursday, Ethereum price is also correcting higher. Ethereum broke the support at $470 as I had […]

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