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Ethereum Monthly RSI At 2018 Market Low — What Happened Last Time?

  • The price of Ethereum has been heavily impacted by the latest inflation data in the United States, returning below $2,000.
  • A critical indicator for the Ethereum price is at 2018 bear market levels, suggesting a potential rebound from recent lows.
  • The monthly Ethereum RSI indicator is currently at a value last seen during the bear market in 2018.
  • The price of ETH is 56% adrift from the local high and 63% from its current record high.

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