RATE Group | Ethereum price (ETH/USD) holds above $200 despite lacklustre Monday session
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Ethereum price (ETH/USD) holds above $200 despite lacklustre Monday session

17 Sep Ethereum price (ETH/USD) holds above $200 despite lacklustre Monday session

Posted at 12:40h in Ethereum News by

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Ethereum price (ETH/USD) holds above $200 despite lacklustre Monday session

The Ethereum price (ETH/USD) has been able to comfortably defend the $200 mark over the past few sessions, but its recovery rally has started to show signs of slowing down.

The second-largest digital currency on the market has enjoyed some solid trading over the weekend, which has helped it to establish a somewhat stable position above $200. The digital coin, which hit a 14-month low of $170.26 on Wednesday, was one of the biggest gainers amid a broader recovery observed across the digital currency market during the latter part of last week. Having returned above the $200 mark on Thursday, Ethereum spent the following sessions defending the key level. On Saturday Ethereum hit an eight-day high of $226.60, before ending the day at $223.07.

The coin’s performance was more mixed on Sunday, with its price experiencing quite a few ups and downs during the session. Eventually, Ethereum finished the session at $220.59, only slightly…

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