Ether was able to rebound after falling below $1200

Ether (ETH) fell to $1160 in early trading on December 20. By the evening, support strengthened, and the altcoin rebounded above $1200.
At the time of publication of this review, ETH was trading at $1211.
Trading is back in the green zone, and now the coin is trying to break resistance at $1220 again. The RSI indicator is signaling that the asset is oversold, and the ether has chances to break through to $1250 within the next 24 hours.

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