Etherium bought back from current lows, gaining 4.6% so far
Etherium bought back from current lows, gaining 4.6% so far
Etherium is also benefiting from the current decline of the U.S. dollar and the rapid rise of Bitcoin, gaining 4.6% today to $1,886. The threat of a U.S. default and its possible negative impact on the economy are contributing to the demand for cryptocurrencies.
The next potential target for bulls can be the resistance of $1,930-1,940, but approaching these levels should be extremely cautious, as it is not necessary to exclude the activation of bears on the growth at this stage. In this case, a return to today's lows seems unlikely.
Source: Ethereum (ETH) price prediction
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