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🔥Analyst: Ethereum weekly MACD is forming a golden cross, with the last three occurrences indicating at least a 74% increase
On April 15th, according to analyst Alicharts, Ethereum's weekly MACD is forming a golden cross pattern. In the past three times Ethereum's weekly MACD experienced a golden cross, ETH prices increased by 130%, 74%, and 98%, respectively. The MACD golden cross is often a sign of momentum strengthening, but past performance does not guarantee future results; it should be analyzed in conjunction with macroeconomic conditions and overall market sentiment.
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