Ethereum Reclaims $1,375, Left to Rise with Much Less Resistance: Santiment

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Ethereum Reclaims $1,375, Left to Rise with Much Less Resistance: Santiment
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.ethereum has retaken $1,375 as 70K new wallets have been emerging each day. santimentfeed $ETH

However, according to the report, now Ethereum is left to grow with much less resistance.After hitting a low of $1,274 on Oct. 3, Ethereum has managed to recapture the $1,381 level, hitting this high earlier today. Still, despite the price surge, crowd interest in Ethereum has faced a massive drop.

Santiment believes that high interest from traders signifies future price drops, while the opposite situation, when interest is low, is likely to cause a bounce in the future.Now, the tweet adds, ETH is left to rise with much less resistance and expectation than it usually faces.

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