Ethereum’s $5,000 Target Becomes More Obvious by The Day. Are Cardano and Mutuum Finance Still in the Race? 💹
Following a recent $1.5 billion heist affecting Bybit, Ethereum has experienced an 8% drop to $2,500. However, technical analysts remain bullish, pointing to signals such as an ascending triangle pattern, which typically precedes major price rallies. Ethereum's role as a leader in the cryptocurrency market persists.
As the market digests this turmoil, the potential for Ethereum to reach the $5,000 mark grows clearer day by day. Other cryptocurrencies like Cardano and Mutuum Finance are still vying for prominence in this volatile landscape.
Source: blockonomi.com ↗
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