Ethereum’s market share has dropped to a 2021 low of 13.1%, despite advancements like the Dencun upgrade and ETH spot ETFs. Rising competition from layer-1 blockchains and shifting user activity
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Recommendations for ETH-USD: Buy signal at price $3980.33. This information is provided for informational purposes only and is not financial advice. Join our Discord channel for more forecasts!
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ETH remains in an accumulation phase, oscillating within a symmetrical triangle pattern. While long-term prospects appear bullish, profit-taking and liquidations suggest short-term caution.
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ETH-USD Signal Update:Sell signal on 12/02/2024 was successful. Price dropped to $3504.49 (-3.2%) within 3 days, look more in discord
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Ethereum is showing a bullish pattern similar to Bitcoin's pre-rally setup, with strong technical signals and rising institutional interest. Analysts predict ETH could surpass $4,000 soon, fueled by network activity
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Analysts predict Ethereum could reach $20,000, driven by strong fundamentals and historical trends. However, caution is advised amid market volatility and Bitcoin's influence.
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Ethereum’s price in Bitcoin terms hit a low of 0.03187 BTC, its weakest since March 2021, driven by Bitcoin’s dominance, weak Ethereum ETF performance, and rising competition.
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