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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Sharpmax on June 07, 2021, 11:55:36 AM

Title: Ethereum Outpaces Bitcoin, Here’s Why ETH Could Surpass $2,880
Post by: Sharpmax on June 07, 2021, 11:55:36 AM
Ethereum started a fresh increase from the $2,550 support zone against the US Dollar. ETH price is rising, and it is likely to accelerate higher if it breaks $2,880. Ethereum is showing positive signs above the $2,750 resistance zone. The price is well above the $2,700 support and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $2,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong increase if there is no break below the 100 hourly SMA and $2,700. Source (https://cryptonews.net/764181/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)