Ethereum stabilized against the dollar Friday, after a bullish advance took the world’s No. 2 digital currency back toward the $300 price range. Bulls Stop Short at Psychological Level A bullish breakout on Thursday sent ether prices surging toward the all-important $300 level. The ETH/USD maxed out around $287 on Thursday before falling $30 in subsequent hours. In the process, ether fell through the 50% Fibonacci retracement level of the Sept. 18 breakout. The ETH/USD is up more than 2% during Asian trade, with prices hovering around $264. The latest pullback pushed ether into oversold territory, according to the Relative […]
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