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Ethereum market update: ETH/USD breaks $160 hurdle; EMA100 limiting the upside

Ethereum market update: ETH/USD breaks $160 hurdle; EMA100 limiting the upside

The RSI shows a stronger bullish momentum following the steady recovery from the region below 30.00. ETH/USD is supported by the 100 Simple Moving Average SMA) 1-hour precisely at $157.50. Ethereum is part of the cryptocurrencies taking advantage of the bullish wave sweeping across the market on Tuesday.






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