Ethereum Price Breaches Pivotal Resistance Level—And That’s Big for Bulls


It’s been a good day for the crypto market, with Bitcoin, Ethereum, and altcoins posting strong gains. The two leading crypto-assets have gained approximately 8% each over the past 24 hours, which is the best performance in many weeks. Ethereum is expected to move higher as fundamental and technical trends align. One crypto-asset trader pointed to the significance of Ethereum’s recent move higher. The leading cryptocurrency recently passed above the important $390 resistance level, which marked the highs of a rally a number of weeks ago. ETH closing above this level on a two-day basis will confirm that there’s more upside in the cards for the asset. Ethereum Explodes Higher as Bitcoin Roars to $13,000 Ethereum is exploding higher as Bitcoin posts one of its best days in many months. BTC is up 8% in the past 24 hours, having rallied from $11,900 to $12,850 as of this article’s writing,…

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