Gridloock
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Bullish
🚀 ETH on the way to $4,000+? Bullish momentum is gaining strength!
Ethereum (ETH) is trading around $2,642, showing a confident rise after recently breaking the $2,500 level.
Why this matters:
Technical breakthrough: ETH has overcome key resistance, paving the way to the next target at $2,745.
Increase in activity: Trading volume over the last 24 hours has increased by 67.87%, indicating heightened interest from investors.
Fundamental factors: Vitalik Buterin's proposal for improving Ethereum's scalability may attract new users and developers.
Analysts' forecasts:
Changelly expects ETH to reach $2,636.90 by May 23, 2025.
CoinDCX predicts a price range of $2,400 to $2,900 in May 2025.
Conclusion: With current technical and fundamental indicators, Ethereum shows potential for further growth. #EthereumEFT
Ethereum (ETH) is trading around $2,642, showing a confident rise after recently breaking the $2,500 level.
Why this matters:
Technical breakthrough: ETH has overcome key resistance, paving the way to the next target at $2,745.
Increase in activity: Trading volume over the last 24 hours has increased by 67.87%, indicating heightened interest from investors.
Fundamental factors: Vitalik Buterin's proposal for improving Ethereum's scalability may attract new users and developers.
Analysts' forecasts:
Changelly expects ETH to reach $2,636.90 by May 23, 2025.
CoinDCX predicts a price range of $2,400 to $2,900 in May 2025.
Conclusion: With current technical and fundamental indicators, Ethereum shows potential for further growth. #EthereumEFT
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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