Ethereum Bulls Keeps Pushing, Why Rally Isn’t Over Yet
Ethereum price rallied steadily and surpassed the $2,000 resistance. ETH is consolidating above $2,000 and might start a fresh increase toward $2,120. Ethereum rallied above the $2,000 and $2,050 levels before it corrected lower. The price is trading above $2,020 and the 100-hourly Simple Moving Average. There is a key declining channel forming with support near $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,085 resistance zone in the near term. Ethereum Price Holds Support This past week, we saw a strong increase in....
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Ethereum has witnessed some intense selling pressure following its latest push higher, with bulls trying to defend $600 as bears aim at pushing it below this level The selling pressure here has proven to be quite intense throughout the past few days, but bulls have been able to absorb all of it and continue pushing it higher Where the rest of the market trends in the near-term will depend largely on the $600 level and […]