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Ethereum, SAND, Chainlink Price Analysis: 26 December
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The last week marked a reasonable recovery while Ethereum and Chainlink poked their two-week highs on 24 December. Ethereum seemed to hold the $4,000 mark and now strove to test its immediate resistance.
SAND touched its three-week high on 26 December after forming a rising wedge (reversal) pattern.
TradingView, ETH/USD
Over the past nine days, ETH oscillated in an up-channel (white) and reclaimed the crucial $4000-mark support.
ETH grew by nearly 11.9% (from 17 December low) and poked its two-week high on 25 December. The bulls managed to sustain the price above the $4000-level while the bears tested it twice in the last two days.
The rally continued to find resistance at the $4,156-mark that coincided with the upper channel (white) and
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