Ethereum Price Breaks Shackles, Why ETH Could Rally Before Bitcoin

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Ethereum gained pace and broke the $1,320 resistance against the US Dollar. ETH is showing positive signs and might surge above the $1,400 resistance. Ethereum started a steady increase above the $1,320 and $1,330 levels. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally before bitcoin if it stays above the $1,300 pivot zone. Ethereum Price Gains Strength Ethereum remained well bid above the $1,265 level and started a s ...

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