Cryptocurrencies benefit from an improvement of sentiment that has been visible in the stock market for several days. The Ethereum price jumped to its highest level since mid-September today! Looking at the chart, buyers are trying to break above the resistance at $ 1,445, which is marked with the upper limit of the descending channel as well as earlier price reactions. If current momentum prevails, upward move may accelerate towards resistance at $ 1765.
Ethereum interval D1. Source: xStation5
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