ETHBTC keeps moving closer towards 0.0559. Will it finally breach this level?

ETHBTC is heading towards 0.0559 and could reach this point within the next 3 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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