was mostly the reason behind the most recent growth on the cryptocurrency market as the second biggest cryptocurrency rushed toward the local resistance and successfully broke it. Despite losing momentum, the continuation of the rally is still possible.While Ether has not yet reached the next psychological level at $1,700, the real resistance for the second biggest digital assets in the world is a bit higher from a technical perspective.
However, even a slight correction or consolidation will lead to RSI returning to the normal zone, which will be a signal for investors and traders to resume inflows on the market.The memecoin's 140% revived interest in risky assets once again. However, it was not easy to keep up the pace we saw onThe continuation of the rally will most certainly cause even more retail inflows to the coin, which is a negative factor for assets that go through a volatile rally.
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