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- ETH price experienced a near 25% revival off lows
- ETH Price has gotten rejected at major resistance of $2078
- 200MA continues to provide a barrier
ETH Price Overview
As the market bounced hard off lows set 3 days ago, so did Ethereum. During a Bitcoin conference 2 days ago, Elon Musk mentioned he held some Ethereum. This caused a fast price surge to $2000 and bulls continued pushing higher the day after. Ethereum has much anticipation going on as it has a so called “London” upgrade approaching. This has traders and investors expecting a bullish price run up before the upgrade launches.