“ETH/USD gains support from key level to recover losses – Analysis (31 Oct 2025)”

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ETH/USD rose in its latest intraday session, supported by the key $3,720 level, which was our previously identified target. This support provided bullish momentum, allowing the pair to recover part of its recent losses while easing oversold conditions on the relative strength indicators. Positive signals are emerging, suggesting potential for further short-term recovery.

However, the price continues to face negative pressure from trading below EMA50, which limits the likelihood of a sustainable rebound in the near term.

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