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Jan 8, 2020
ETHUSD turning bullish
Ethereum is growing increasingly bullish as the green shoots spread through the entire cryptocurrency market on Wednesday. ETHUSD buyers need to rally the cryptocurrency towards the $158.00 resistance level to help form a bullish reversal pattern. Overall, the ETHUSD pair may start to appear undervalued compared to other cryptocurrencies from current trading levels.
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If the ETHUSD pair trades above the $150.00 level, key resistance is found at the $158.00 and $170.00 levels.
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If the ETHUSD pair trades below the $150.00 level, key support is found at the $125.00 and $115.00 levels.