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Ethereum Poised for $2,000: Bullish Breakout Confirmed
Ethereum cryptocurrency recently broke the resistance area located between the strong resistance level 1835.00 (which stopped the previous short-term correction a in the middle of June, as can be seen from the daily Ethereum chart below) and the 38.2% Fibonacci correction of the downward impulse from the start of May. The breakout of this resistance area accelerated the active minor impulse wave C of the intermediate ABC corrective wave 2 from the start of June. Given the strength of the active impulse wave C and the bullish sentiment seen across the crypto markets today, Ethereum cryptocurrency can be expected to ... (full story)
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From dailyforex.com | 11 hr ago
Bitcoin price continued rising, reaching its highest level since June 22nd as traders embraced a risk-on sentiment following the release of the encouraging consumer inflation data. The BTC/USD pair rose to 64,500, up substantially from the year-to-date low of 57,900. US Inflation Reduces Odds of Interest Rate Hikes The BTC/USD pair jumped as traders reacted ...