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Important price line being approached by ETHJPY. This price has been tested numerous times before.

ETHJPY is moving towards a line of 553877.6250 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If ETHJPY continues in its current trajectory, we may see it move towards 553877.6250 within the next 3 days.

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