ETH Price Analysis ,28 April .. / Cryptocurrency..

in #cryptocurrency • 6 years ago

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Ethereum has held the trendline support. It is currently attempting to move up to the overhead resistance of $745..

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If the bulls succeed in breaking out of the resistance, the ETH/USD pair should quickly rally to $900. If we get an opportunity, we might suggest a long position above $745..

However, if the recovery again falters close to the overhead resistance, the virtual currency can consolidate between $600-$745 for a few days. If the resolution happens to the upside, the recovery will continue, else we may see the digital currency decline to $500 levels once again..
source:cointelegraph..

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6 years ago in #cryptocurrency by
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