By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On March 5, Ethereum stopped going down, and is currently trading at $126.82. The downtrend reached 61.80% Fibo, while now the price may go up to the local resistance at $133.70. Once it happens, the crypto may both rise to $144 and bounce and hit the support at $119.45. Vitalik Buterin, the Ethereum founder, told Business Insider that his major goal was to create a crypto that would enhance Bitcoin capabilities and functions. Those are currently restricted to a single purpose (like those of a calculator), he says, and while the BTC performs
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