According to the latest data, the Stochastic Oscillator reveals a divergence between price action and market momentum.
While the price of Ethereum has experienced higher lows, the oscillator shows a lower high.
This divergence suggests a strong possibility of a bullish reversal, meaning Ethereum’s price could rise after bouncing off its support levels.
This pattern is a positive signal for Ethereum traders, especially those looking for buying opportunities during the current dip.
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