Ethereum is in a classic accumulation phase following its recent correction and is now targeting a $3,000 price. After dropping to $2,116 just 20 days ago, ETH experienced a significant price surge, recovering to higher levels, suggesting bullish momentum was building. Related Reading: Ethereum Price Eyes Fresh Gains: Another Increase on the Horizon? This accumulation phase has drawn the attention of analysts and investors alike, who are now closely monitoring Ethereum’s price action for signs of a more significant move to the upside. The recovery from recent lows has sparked renewed optimism, with some market experts predicting that ETH could reach $3,000 in the coming days. This potential rally is a critical milestone in Ethereum’s ongoing market cycle, reflecting its strength and investors’ confidence in its long-term value. As Ethereum continues to accumulate and consolidate, the market is bracing for what could be a major breakout, setting the stage for new highs shortly. Ethereum Price Structure Suggests A Coming Breakout After a relatively long period of consolidation, Ethereum appears poised for a move toward higher prices. Analyst and trade ..
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