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Parabolic rally is ‘a real possibility’ after Ethereum’s price soars to $ 547
The price of Ether (ETH), the native cryptocurrency, broke above $ 547. Following the breakout, traders are seeing several key resistance levels in the near term.
In the short term, traders generally see $ 600 as the main resistance area for Ether as it marked the start of a bearish trend starting in May 2018. As such, $ 600 could act as a area of interest for sellers.
Read on on Coin Telegraph
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