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Ethereum Price Holds Strong Above $2,400 — Is $2,650 The Next Stop?

  • The Ethereum price fell by 6% in the past week, but found support just above $2,400.
  • Technical analysis indicator TD Sequential signals a buy alarm for Ethereum on its 12-hour chart.
  • If the support level at $2,412 holds, Ethereum could see a rebound and potentially reach $2,665.
  • On-chain data shows negative sentiment as US whales and institutional investors sell Ethereum tokens.

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