Ethereum price outlook: $3,200 or $1,587 as 39-day range nears breakout 🔮
Ethereum has been trading in a narrow range for more than a month, with neither bulls nor bears having a decisive edge. This prolonged period of price compression and stalled volatility sets the stage for a significant directional move. Analysts are closely watching to see if Ethereum will rally to $3,200 or dip to $1,587. As the range nears its breakout, traders are eagerly anticipating which direction Ethereum will take.
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