Forex and Crypto News

Ethereum jumped by 10% and broke $210

15:16 06 February /2020

Over the past 24 hours, the largest altcoin has risen in price by almost 10%.

At the time of publication, Ethereum reached $213, the market capitalization of the cryptocurrency exceeded $23 475billion.

Currently, almost all of the largest digital assets show growth in price. Bitcoin holds above $9,800, and if support continues over the next 24 hours, the coin can grow to $10,000 to demonstrate a five-month high.

The optimistic moods are strengthening among the traders. There are even such players who believe that they will be long-term.

For example, crypto trader Josh Rager tweeted that, traders will soon regret not having bought ETH for $200.

Currently, the resistance levels are the levels of $210 and $215. Even if the first resistance is broken, it is unlikely that it will be possible to exceed $215 according to the results of today's session.

Ethereum ecosystem continues to expand, which certainly has a positive effect on the attractiveness of the widest altcoin. The growth driver of the network is the DeFi decentralized financial services. Also, thanks to the ETH2.0 update.

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