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Ethereum (ETH) Price: Technical Analysis Shows Consolidation Between $1,980 and $2,100
- Ethereum has entered a consolidation phase after testing the $1,980 support level
- ETH is trading below the 100-hourly Simple Moving Average with resistance at $2,050
- Technical patterns show a potential bearish flag formation on the daily chart
- Some analysts predict a possible breakout beyond $2,100 based on chart patterns
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