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ETH Price Just Flipped Bullish – $3,000 Next as Network Activity Goes Parabolic? Cryptonews 2 weeks ago

ETH Price Just Flipped Bullish – $3,000 Next as Network Activity Goes Parabolic? 🚀

The Ethereum (ETH) price experienced an impressive rise, jumping 11% on Tuesday and an additional 2% on Thursday. Despite a recent 3.4% dip, ETH maintains a strong position at around $1,744. This comes after a period of bearish trends over the past four months, making the recent rally noteworthy.

Technical indicators suggest a bullish market, signaling potential buying opportunities as network activity ramps up. With the crypto market taking a breather, there's speculation on whether ETH can reach the $3,000 mark, sparking interest among investors and analysts alike.

The narrative around ETH is one of cautious optimism as market dynamics evolve.

Source: cryptonews.com ↗

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