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ETH/USD Price Prediction — Are Bulls Switching from Bitcoin to Ethereum?

From u.today

These days, Ethereum is the only coin showing steady growth among other top cryptocurrencies. However, that is not a surprise, as the community is expanding and becoming more powerful. There are a few reasons for such a rise. Since the Ethereum 2.0 test network has started, the price of ETH has risen by 50% against the US dollar. On May 7, at the time of launch, the price was about $170, while today ETH is trading around $260. Nevertheless, the current rates are still very far from the historical maximum of ETH, which was recorded in January 2018 at the level of $1,420 for one coin. What is more, the non-profit ... (full story)

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  • Category: Technical Analysis