Ethereum Soars 23% Weekly To New 30-Month High: Is $600 Incoming? (ETH Price Analysis)

ETH saw another 4% daily increase as it broke $550. ETH has surged by 23% this week, which allowed it to reach a fresh 30-month high. Against Bitcoin, Ethereum has finally rebounded from its 2-month downtrend and is now facing resistance at the 100-days EMA.

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Author: toutiao