Cryptocurrencies Rally as Quick Sellers Exit Positions — CoinDesk

 Cryptocurrencies Rally as Quick Sellers Exit Positions — CoinDesk



Ether, the world’s second-largest cryptocurrency by market capitalization, returned to above $3,000, and is up about 9% over the previous week. Much like bitcoin’s rise, ether’s uptrend is stabilizing as consumers gained momentum over the previous few days. The subsequent degree of resistance for ETH is seen at across the $3,500-$4,000 vary, which may restrict upside over the brief time period.



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