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Bitcoinist 2020-07-12 19:00:33

Analysts Eye Downside as Ethereum Fails to Surmount a Critical Trendline

Ethereum, like Bitcoin, was subjected to some intense volatility this morning The cryptocurrency’s price rallied as high as $244 before posting a swift rejection that sent it reeling down to $236 Bulls are now trying to stabilize it around $238, although this move does appear to have struck a blow to ETH’s technical strength How it trends in the days and weeks ahead could be influenced by today’s movements if buyers are unable to continue […]

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