๐๐ THIS IS YOUR CHANCE TO PROFIT FROM ETHEREUM ๐๐
Ethereum prices gained by 37.14% in the past week to reach a local peak of $2,600. The majority of this gain has been attributed to the recent Petra network upgrade of the Ethereum blockchain, which is designed to introduce many features, including boosting the ETH burn rate and market scarcity.
Amidst Ethereumโs rally in the past week, the altcoin recorded a significant development that signals a long-term bullish market.
At the time of writing, $ETH trades at $2,525, reflecting a 5.88% gain in the past day. Meanwhile, the assetโs trading volume is down by 18.44% and valued at $33.79 billion. ETH nextโs resistance remains at $2,600 following a recent rejection in the past few hours. If the altcoin can successfully move past this barrier, a potential upswing to $2,800 lies ahead.
So this really depends on the traders, for the soul reason of the exchange to maintain this dominance as traders will always use the most liquid exchange to manage their positions, either for accumulation or for profit taking.
So tell me what do you think ๐๐ป๐๐ป