Ethereum Price Approaching $1414 Teases Breakout; Is $1600 Within Reach?

The last mid-week, the Ethereum price witnessed a nominal recovery after hitting local support of $1243.  Furthermore, with the start of a new week, the prices gain bullish momentum and challenge the overhead resistances of the 20-day EMA and the $1414 resistance level. So, will the buyers undermine this confluence of bearish oppositions this week

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Author: toutiao