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Ethereum could be primed for a move to over $200 despite ongoing selloff
Ethereum (ETH) has been closely tracking Bitcoin’s price action over the past couple of weeks, which allowed it to post massive gains throughout the first part of the month, before setting a local top that has been followed by firmly bearish downside. In spite of this, analysts are noting that Ethereum is fast approaching a key technical support level that is brimming with buy orders, which means that a visit to this level could catalyze a move to $200 or higher. Ethereum reels towards $160 as crypto markets begin establishing downtrend At the time of writing, Ethereum is trading down just under 3 percent at its ... (full story)