Ethereum Daily Analysis: Ethereum breaks above key EMAs with 5.38% gain
Market Overview Ethereum is trading at $1,719.60, posting a sharp 5.38% single-day gain that has pushed price decisively above the 1-hour and 4-hour short-term EMAs in a broad short-squeeze rally. On the 1-hour chart, ETH has reclaimed all key intraday EMAs — with price sitting above the EMA7 ($1,710.80), EMA20 ($1,694.47), EMA50 ($1,659.90), and EMA200…
