Ethereum (ETH) Next Big Move Could Push It Past $200 As Early As This Week

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Ethereum (ETH) has just closed the 4H candle above the 50 EMA. This was a consequence of the sharp bounce off the top of the previously broken falling wedge. We can now expect ETH/USD to test the 38.2% fib retracement level near term. However, it is very likely to rally towards $200 soon as it breaks past this level. The 200 EMA on the 4H time frame could pose as resistance just around the long term trend line resistance. It may stop the price temporarily around $187 but it likely to rally towards the top of the ascending channel before…
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Ethereum (ETH) Next Big Move Could Push It Past 0 As Early As This Week

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