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Ethereum/Mexican Peso (ETHMXN) Market Overview

Source: CoinWorld
ETHMXN closed down to 84,871 MXN, testing oversold RSI levels and Bollinger band lower tracks. Despite a brief consolidation near the 61.8% Fibonacci retracement level, weak volume and bearish EMA crossing indicate a persistent downside risk, and a short-term rebound may occur if the support level holds.
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