Ethereum Weekly (12/9/22)

Ethereum has managed to stay above the $1,200 mark but $1,300 has proven to be a strong resistance point. ETH did cross the $1.3k barrier on Monday but couldn't hold the price point after surpassing it by $2 briefly. The previous time it crossed that mark was way back on November 10, exactly one year after hitting its all-time high of $4,878, meaning we are almost 75% down from the peak.

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