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The alt stock price currently sits above both its 20-day and 200-day moving averages, a bullish formation often seen as a confirmation of an ongoing upward trend in equity markets. Widely followed cryptocurrency analyst Cas Abbé stated that Ethereum was nearing the conclusion of its Wyckoff accumulation phase, in which institutional investors buy assets at low prices during a downturn. Be the first to know the most important updates across all our datasets A Fibonacci retracement analysis places a key support for alt stock price at $14.
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