Ethereum is About to Rocket Higher as Bulls Break Multiple Key Levels

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Ethereum’s price has been moving in lockstep with Bitcoin’s throughout the past few days Although this previously caused it to see a prolonged period of boring and lackluster price action, it eventually worked in ETH’s favor The cryptocurrency is now rallying higher and approaching its crucial $380 resistance as buyers take full control of its short-term price action The ongoing upswing is significant, as it has allowed both ETH and BTC to shatter the selling pressure that was suppressing their price action Analysts are now noting that Ethereum is well-positioned to see even further upside in the near-term Ethereum is currently rallying alongside Bitcoin and the aggregated crypto market. The price action seen throughout the past 24-hours has been overwhelmingly positive, marking a fundamental shift in the underlying trend. ETH is now rapidly approaching its $380 resistance. This level has been historically significant, as it has acted as a pivot…

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