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Crypto rally over for now?

With bitcoin being rejected once again from the $24,400 resistance level, and ethereum enduring the same fortune from the $2,000 resistance, it does look as though the current crypto rally has possibly run out of steam for the time being.
The crypto rally out of an extremely severe downturn has been a very welcome relief for many holders of cryptocurrencies.
From the very top in late November last year, crypto has dumped hard with the exception of a rally between the end of January and into April.
When bitcoin reached a bottom of $17,500 it seemed as though the price was never going to stop going down.
It might be imagined that both bitcoin and ethereum break down soon and bring the rest of the crypto market with them.

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.


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