ETH Accumulation Phase: Will Ethereum Price Hit $7,000? 📈
Analysts predict that Ethereum's price may hit $7,000 in the upcoming weeks, considering the current market trends. They observe similarities between Ethereum's past and present accumulation phases, which historically precede major breakouts. This anticipation is supported by an analyst's chart showing Ethereum's pattern of collection within a formed price channel. Recent months have revealed a horizontal area, indicating potential for significant price movement.
Source: www.thecoinrepublic.com ↗
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