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Ethereum Returns To Its Recent High And Targets $4,500

Ethereum Returns To Its Recent High And Targets $4,500
The article discusses the recent price movements and technical indicators of Ethereum (ETH). On December 9, Ethereum experienced a dip but quickly recovered above the 21-day simple moving average (SMA). The altcoin is now starting a second wave of upward momentum, with buyers aiming to push it above $4,000. If it breaks above this level, it could reach a high of $4,500. However, there is resistance at the $4,000 mark, and if the altcoin fails to break through, it may range between the moving averages and the recent high. Overall, the article suggests that Ether has resumed its uptrend and could reach a high of $4,500.

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