Ethereum Funding Rates Flip Neutral as Rally Kicks Off; Next Stop $710?

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Ethereum has been flashing some immense signs of strength throughout the past few days, with it starting to gain ground against Bitcoin Much of this strength came about following the cryptocurrency’s push past $500 earlier this week In the time since, it has been growing strong and is now positioned to make a move higher One analyst is noting that it is currently nearing the last key resistance level before it reaches significantly higher price levels In particular, he is watching for a move to $700. A move to this level would allow it to see significantly further gains Ethereum and the entire crypto market have been caught within the throes of an intense uptrend throughout the past few days and weeks, with buyers fully controlling its price action as they target higher highs. ETH is now trading at the highest price levels since it first crashed in 2017, with…

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