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Ethereum price closing the gap to $3,000 but faces challenging hurdles at $2,800

source-logo  coingape.com 29 April 2021 04:03, UTC
  • Ethereum hit historical highs of $2,761, clearing the path to $3,000.
  • The least resistance path is north, but resistance at $2,800 delays the upswing.
  • Losing the immediate support at $2,700 could see Ethereum drop to $2,500.

Ethereum has been consistent with its journey to hit record highs above $3,000. Last week the pioneer smart contract token tested support at $2,000 before renewing the uptrend. Breaking the various barriers on the way encouraged investors to increase their positions, speculating the ultimate lift to $3,000.