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Breaking: Ethereum Price Majestically Breaks Above $200, highest level since the March crypto crash

Breaking: Ethereum Price Majestically Breaks Above $200, highest level since the March crypto crash
FXStreet TeamFXStreet TeamFXStreet

Ethereum price has made a remarkable move above the coveted $200. This is the highest the crypto has traded at since the Coronavirus triggered crypto crash in mid-March. At the time of writing, Ether is exchanging hands at $20, although there has been a minor adjustment from an intraday high of $203.

Bulls are likely to be seeking support above $200. This will allow them to shift the focus on higher levels at $300 as discussed in an earlier published price analysis. Bitcoin has also started moving higher, the main aim is to rise above $8,000 ahead of the halving. Ripple broke above the key $0.20 level on Tuesday and tested the next hurdle at $0.22.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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