Ethereum (ETH) rallied like a raging bull to the surprise of many yesterday. This from a cryptocurrency that had seen red days one after another and exhibited extreme weakness was completely out of the blue. The price seems to have bottomed out around $172 and those waiting for $150 might have missed the train already. The chart above for ETH/USD shows that the previous resistance at $200 has now turned into a strong support.

Continue reading Ethereum (ETH) Defends $200 Resistance Turned Support, Price Likely To Surge Higher at Crypto Daily™.


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