Ethereum Will Continue Its upward trend
From the recent ethereum growth in there price and the market cap ,Coinbase is playing a vital role and doing all the possible efforts to support the growth of the decentralized ethereum network.
The digital currency exchanges said that they are going to invest more money in the Uni swap and pool-together which are the app of ethereum network.The facilities for swapping between the Ether and the ERC 20 Tokens Uniswap will be a great exchange , as coin base claimed it to be the most liquid exchange for the ethereum.
Pool together will increase the reward for the stablecoins investors, who will deposit thought the table coin will be rewarded more
As with the lots of the positive news coming in favor of the ethereum, ETH price is struggling to break the resistance at $180 But for now the rally is unable to break that level and bounces back to 160$.
As the upward trend still continue it worth then the next rally will closed to $200.
After the small fall the price of the ETH is still supported strongly at the $159,the price will be struggling to hover between 160 to 180$.
The pumping is not only important for the price movement but the trading over the coin matters too much as well. if we have to trade on the network of ETHereum we will have a lot of support to the network and those new exchanges will help the coin price trend upward.
We are expecting that most of the investors turns to invest in the coin to help it pump more by that pumping the coin price shoot in the upward trending,The next resistance level will be $200, if the pumping not help the Coin it will fall below $150 soon in the next couple of hours. The SMA 100 If the price fails to sustain his price above 160$ the price will surely falls to the $140 where it will have a strong support.