Will Ethereum exceed critical 273.00 resistance?

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Will Ethereum exceed critical 273.00 resistance?

Ethereum, which comes second among the crypto currencies regarding the market value, seems to have a break in its upward movements. After the announcement that Facebook will launch its own crypto currency, it is possible to say that Ethereum has accelerated its gains as likewise the other crypto currencies. The news that French video game giant Ubisoft will use Ethereum Blockchain for its games increased the value of the crypto currency. Also with the announcement that many billion dollar companies such as Amazon, Overstock, BNP Paribas, Metlife, Coinbase, Google, UBS, Microsoft, Comcast, Foxconn, Intel and Samsung will implement applications on Ethereum Blockchain increased the the coins value. Another noteworthy point was that Twitter’s important crypto money market analyst tweeted that Ethereum prices would rise, which led to increased interest in Ethereum. Demand for Ethereum is triggered by the significant increases in Bitcoin resulting in fragility due to increased cost of purchase potential. Thus, we see that Ethereum prices continue to move around $ 255.00. With the Ethereum exceeding $ 273.00, it can be expected to rise up to $ 300.00. Especially with this level, we can see a new potential for rising in the crypto currency.