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Ethereum to test 160 level before resuming uptrend

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ETH/USD remains bearish as price heads toward 160.91 . ETH is likely to face great buying pressure as the bulls seem to be hiding their limit buy orders in this area. a confluence of the median line , orange trend line, baseline of the breakout @153.42 and fib level 0.786 could prove 160.91 to be a major support area..

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