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April 8 Ethereum Update – ETH Quickly Rallies to the Light Blue Zone

$ETH was making some slow progress to the upside last week, but after yesterday’s bullish BTC weekly candle close ETH had a quick rally overnight. ETH is currently near the highs of the light blue resistance zone, and I would monitor for a breakout or rejection here. I think we are more likely to get a short-term pullback, but I wouldn’t be surprised to see crypto go on a run here since April is a seasonally bullish month.

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