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Ethereum Price Analysis: Can ETH/USD Extend Recovery Above $200?

Ethereum Price Analysis: Can ETH/USD Extend Recovery Above $200? | NewsBTC

ETH price started an upside correction after it found support near $168 against the US Dollar. There was a break above a major declining channel with resistance at $183 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to face a strong resistance near the $200 level and the 100 hourly simple moving average.

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