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18 August 2022
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Ethereum (eth) price analysis — will bulls reach $240 in current bounce?

The positive mood remains on the cryptocurrency market. While Bitcoin (BTC) is rising slightly, altcoins are outperforming the leading crypto. The top gainer from the 10 most popular coins is Bitcoin SV (BSV), whose rate has risen 14.34% over the past day.


The market capitalization has also increased against the rise of the market. At the moment, its index is $265.3 Bln.


The relevant data for Ethereum is below.

  • Name: Ethereum
  • Ticker: ETH
  • Market Cap: $26,416,726,830
  • Price: $236.59
  • Volume (24h): $8,170,001,858
  • Change (24h): 1.61%

The data is relevant at press time.

ETH/USD: Is the rise coming to an end?

The price of Ethereum (ETH) showed steady growth yesterday. During the day, the pair broke through the resistance at $233 and tested the POC line ($243.34) late at night. In the Asian session, growth stopped and the price rolled back to $240.


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