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Ethereum (ETH) Setting For Breakout or Further Decline?

From newsbtc.com

Ethereum is holding the key $145 support area and recovering against the US Dollar. The price is currently facing a strong resistance near the $152 area. Earlier, there was a break above a major bearish trend line with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken). The price remains well bid, but it might struggle to climb further above $152 and $155. Ethereum price is facing an uphill task versus the US Dollar and bitcoin. ETH price must break the $152 and $155 resistance levels to continue higher. Ethereum Price Analysis Recently, there was a downside correction in Ethereum from the ... (full story)

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  • Category: Technical Analysis