Ethereum registered an appealing 12% pump during the weekend. From a local low of $1488, ETH rallied up to $1664. However, as soon as the Asian markets started trading on Monday, the alt registered a streak of 6 red candles on the hourly, translating into a 10% dip.
After visiting lows of $1498.95, Ethereum was back to consolidating above $1500 at press time. Over the last couple of hours, ETH has been trying to break past $1530 but has been rejected several times.
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