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- Finally, ETH breaks the downward three-digit sign.
- This breakdown still has some legs.
Ethereum, the second largest cryptocurrency and now the third largest, has finally broken the psychologically important three-digit mark and has not yet finished with the incident that has wiped out more than 93% of its value from the historical maximum of $ 1,421.
The ETH / USD rose more than 1% per day to $ 93.452, slipping from the high of the day to $ 96.55. As mentioned several times on the daily chart in the past, Ethereum has finally analyzed the value of $ 100 and now points to its target price of $ 67-70, it is only when and not if.
The immediate resistance is about $ 96, the downtrend line on the 60-minute chart and then the three-digit psychological sign of $ 100.
Daily ETH / USD chart:
Graph 60 minutes of ETH / USD:
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