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Ethereum price reclaims $2,000, but it will likely fail to breach a seven-month-old barrier
Ethereum price is back to trading above one of the most important psychological support levels, but it seems like this rally might not stick this time around either. The altcoin leader is facing resistance on the one hand and a lack of support from the investors on the other, making it rather difficult to break this seven-month-old curse. Ethereum price is trading at $2,062 after charting a 6.75% growth over the past 24 hours. The $2,000 support line is crucial not only for ETH to rally further but also acts as a key psychological support level. The recent bullish divergence observed on the RSI confirmed that the ... (full story)