Dec 21 2020

Ethereum Faces Rejection at $670, Resumes Downward Move

in blog CoinIdol
original entryEthereum Faces Rejection at $670, Resumes Downward Move

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Following its impressive runs in the last 48 hours, Ethereum faces rejection at the $680 resistance zone. The rejection was caused by a long wick on the daily candlestick which indicates strong selling pressure at a higher price level.

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