Ethereum (ETH) May Be Moments from Breaking Out to $300 | Amazon Purchases On The Way

  • ETH price on $275 resistance against the US Dollar.
  • The price supported near $265 and $262.
  • There is a major bullish trend forming and ETH/USD is about to jump

Going forward, the two companies plan to build similar payment products for other cryptocurrencies too, listing ERC-20, ERC-721 and other ethereum standards as options currently being considered. CLIC Technology is developing a crypto-payment platform called CLICPay, which is now in the pilot phase, according to the release.

Ether (ETH) Looking Good On Charts

Ether (ETH)  is having a phenomenal performance so far in June. An increase of 63% following the trend established by Bitcoin (BTC) has caused the token to reach 270$.

Ethereum Climbs to Weekly Highs as Buying Pressure Grows
At the time of writing, Ethereum is trading up over 3% at its current price of $266, up from daily lows of $254.

Over a one week period, ETH has climbed significantly from lows of roughly $230, which were set late last week.

While zooming out and looking at Ethereum’s year-to-date price action, it becomes apparent that the cryptocurrency is currently in the throes of a bull market, as it has been able to climb to highs of nearly $290 from lows of under $100.

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Mohsen Daemi