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May 08, 2013, 03:04:57 PM

$111 seems to be a psychological barrier, it keeps getting close but everytime it looks like it will go through 111 it bounces back up again. 111 is a weird number though, don't know if that has something to do with it. Tongue

It has become support. As 110 is the psychological number, in an up trend people trade above 110 because they want to buy the coins, so the support moves up.