After numerous tests, Ethereum has now moved above the key level at $195.





$195 acted as an area of support several times during the price declines in 2018 and the price tested this level numerous times as resistance before breaking above it this week.





Numerous tests serve to weaken a resistance level with fewer sellers to hold the level on each test.





Ethereum’s price has been recording a bullish performance recently with a 17% appreciation recorded last week.





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