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Seeking Alpha
2020-01-31 14:45:35

Analysis On Ethereum As Crypto Gains Early 2020 Momentum

ETH has gone up over 30% in price in January alone, moving from $130 to over $170, with momentum in crypto overall.ETH optimism has been driven by technical updates as well as macro environmental factors driving interest and volume in crypto.ETH looks bullish in the short-term, potentially continuing to ride this wave with stagnation in the long-term.Still, if ETH can break resistance points, a potential high price point is set at $380.