What Ethereum’s Rejection At $1,350 Says About The Crypto

Ethereum saw an increase in its price on Tuesday along with the rest of the crypto market following the positive CPI data release. The jump in price saw Ethereum finally beat the $1,300 price point after hovering around $1,200 coming out of the weekend. However, the digital asset had met significant resistance at the $1,350 price level, which could end up being a bearish development for the cryptocurrency.

Ethereum Trades Are Wary

Currently, Ethereum traders are still very on edge…


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