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Ethereum sensitivity is still at its peak as the year runs out. The cryptocurrency pair has been volatile because there is still time for investors to add to their holdings. Much hope is still open following the recent blow to FTX and SBF.
The crypto price is also reacting to the Greenback signs, both in a positive and negative light. Cryptocurrency holders are looking forward to the US Federal Reserve taking its next stance on bullish action on interest rates.
Ethereum Key Levels to Watch – December 28
The ETH is looking toward conserving strength as buyers seek to hold a charge. The buyers are preparing for a ride up to $1316.400 in the key zone.
As more investors continue to push, the price is set up for a more bullish moment. In a positive gradient, the parabolic SAR (Stop and Reverse) indicator is a driving force.
This implies that the bullish stance is still being favored. The Momentum indicator is currently progressing forward as we anticipate the buying stance to hold as the year runs out.
Eth Key Levels
Resistance Levels: $1649.00, $1453.30, $1316.40
Support Levels: $1258.00, $1156.20, $1081.90
Total Market Capitalization: $158B
Ethereum Market Capitalization: $157B
Ethereum Volume: $5B
Market Rank: #2
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