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Ethereum: Is there hope in the short-run?

KRAKEN:ETHUSD   Ethereum
Concerning the short-term price prediction, the price is trying to come back to the positions of the previous week. Such a scenario may happen, which is backed by the Fibonacci retracement, and ETH can achieve $160 (78.6%).
The price of ETH is trading at $159.71 at the time of writing.

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