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Analyst: Ethereum (ETH) Likely to Surge against 200 as the entire Crypto Markets Pump



After a wave of sideways trading in the crypto market, Bitcoin and other major cryptos have been able to gain an influx of buying pressures that have sent them climbing today. Ethereum (ETH) is a great crypto competition that has climbed today, but it is facing increasing resistance around today's price level.

Despite this opposition, an analyst still has a goal for Ethereum around $ 200, which is significantly higher than the current price of $ 143.

Ethereum (ETH) faces fresh resistance levels around $ 144

Ethereum is currently trading over 3% at today's price of $ 142.5. Earlier today, ETH rose to highs of $ 144 before quickly pushing down its current price levels, and signaled that this price is likely to be a new level of resistance.

Despite this, UB, a popular cryptocurrency analyst on Twitter, recently explained that it is important that ETH closes over $ 1

39 today for further gains to be possible, as a close below this price will open the gates for further losses .

"$ ETH – Waiting for the daily shutdown before taking a position … A close below $ 139 would be the key for me to enter a short position … $ 115 is still an area of ​​interest to me if there are disadvantages, he explained.




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