Ethereum price gained 4% in 24 hours, Price touches $238. ETH holders must hold it for some more time as the price breaks $238 resistance and sentiments seem positive. If Ethereum is able to clear the slowly accumulating sell wall, the prices may have enough energy to overcome $240 and set sail for $250 mark.
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Market has been bullish a lot in the past week, if you check the week we left behind now, you can see that prices of almost everything went up, I don't know if its "bullish" type of up, it is not insanely higher, not like we had 50% increase in anything, but it is definitely up.
Ethereum specially is a shocking one because the team came out and said that they have postponed the 2.0 launch once again and 2020 is not looking like the year they will do it, they probably will do it by 2021 which I think is even better because by that time Bitcoin halving will show its force and start to increase, we will feel the lack of all those coins miners got and while bitcoin is on the rise, having a 2.0 ethereum launch will propel the price even higher on ethereum as well.