Ethereum’s price (ETHUSD) settled with a slight decline in its most recent intraday trades, pressured by negative signals from the Relative Strength Index (RSI) after reaching overbought areas, as an attempt to gain positive momentum that may help it breach the key resistance level at $1,636, coinciding with attacking a minor bearish bias on a short-term basis. The move is supported by continued positive support, due to trading above the EMA50.

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