Ethereum Defies Gravity But Here Is Why It Could Fail Again

Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls.

Ethereum gained traction and it broke the $130 ad $132 resistance levels against the US Dollar.
The price is currently facing a major resistance near the $135 level (the previous support).
There is a short term declining…

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