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Source: coin360
What does the new bullish wave mean?
The wave of decline did not last long.
On September 1, the price reached $ 487, but it retreated in the following days... Yesterday, as CoinMarketCap numbers indicate, it reached $ 351, and yesterday's high was $ 359... Today, at the moment of writing this article, the price of Ethereum reached $ 369 which is, about $ 10 more than yesterday's high.
This simply means that the rising wave has started... it may rebound a little, but it will rise back quickly... and to a greater level.
Source: CoinMarketCap
When does the price of Ethereum exceed $ 500?!
It was - and still is - my expectation for Ethereum that the currency, which is still ranked second, has started to turn into a locomotive driving after it was being driven continuously...
Therefore, there is no longer a brake on Ethereum ... despite the temporary decline in the currency due to various reasons (some of which may be incomprehensible!)
I still think the next step is to break the $ 500 barrier!
But when does this happen ?!
It is a difficult question, as I always say .. and no one can provide a definite answer to it.
We just have to watch and wait ... and the lucky ones alone who will make the right decision at the right time .. whether by buying or selling.
