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Ethereum Technical Analysis Report – 27th November 2024

  • Ether faced resistance at the downtrend line on November 23 but showed resilience as buyers stepped in to support the dip.
  • Key level to monitor on the downside is the 20-day EMA at $3,141, which could determine the next move.
  • Ethereum discussions intensify, with optimism about its potential to outperform other major assets in the current market environment.
  • Ethereum maintains top position for weekly NFT sales, recording $49 million.

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