ETH Walls Crumble as $670 Falls

ethereum takes 670 resistance dec 27 2020

Ethereum has finally taken $670 for the first time since 2017 with the crypto overcoming its biggest resistance as bitcoin rose to more than $28,000 at one point. Ethereum was lagging with its ratio down, but the currency turned today, rising to just above $680 at the time of writing. The buy pressure knocked out any walls on its way, with the ratio recovering as well: Whether this is now a reverse ratio as eth finally catches up, remains to be seen, but after trying for weeks to take $670, ethereum finally managed it today. That could potentially suggest there’s little resistance to $900 and then of course the all time high itself of $1,420. While bitcoin is up 40% its previous all time high of $20,000, with the currency now near resistance at $30,000. Christmas maybe had something to do with it as all them pounds, dollars and euros…

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