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Ethereum (ETHUSD) Soars as US-Iran Peace Deal Triggers Major Crypto Relief Rally

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The Story

News Summary

  • Ethereum rallied toward $1,800, driven by a US-Iran peace agreement and the reopening of the Strait of Hormuz.
  • This geopolitical breakthrough triggered a risk-on market rotation, flipping Ethereum's short-term technicals bullish despite lingering long-term resistance below its 200-day moving average.
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ETHUSD price history

2427.17 +23.52% over the displayed period

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