Ethereum New High & Potential Bullish Breakout

Ethereum has managed to set a new high of $426 against the US dollar. In fact, price has managed to move from $375 to $426 in less than 24 hours. With price action moving so fast to the upside, this indicates a potential bullish breakout which could bring price way beyond $500 level. Nevertheless, look for continuation and consolidation of price to the upside to confirm the next bullish run.

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