Etherеum

Ethereum Price Analysis: Declining Volume Sparks Doubts on $3000 Breakout

15.07.2024

The Ethereum price analysis showcased a fresh relief rally in the second week of July. The bullish reversal uplifted the asset from monthly support of $2825 to $3196 registering a weekly gain of 13.2%. This recovery followed a market excitement towards the potential approval of spot ETH ETFs in the coming week and eased from broader market supply. Is the correction trend over?

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15.07.2024
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