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Published 08/11/2024 4:02:24 p.m.

Ethereum bulls eye $4,000 as analysts warn of ‘major rebound’

Summary by Finbold

Ethereum’s (ETH) market dynamics are indicating a notable recovery following a recent downturn driven by fear. After a sharp decline that pushed ETHUSDT below the $2,000 mark, the bulls have regained control, lifting the price back above $2,500. In this context, trading expert RLinda projected on August 11 that this recovery phase, despite recent volatility, shows a resilient bullish outlook for Ethereum. Further, it is supported by a promising…

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Ethereum bulls eye $4,000 as analysts warn of ‘major rebound’

Ethereum’s (ETH) market dynamics are indicating a notable recovery following a recent downturn driven by fear. After a sharp decline that pushed ETHUSDT below the $2,000 mark, the bulls have regained control, lifting the price back above $2,500. In this context, trading expert RLinda projected on August 11 that this recovery phase, despite recent volatility, shows a resilient bullish outlook for Ethereum. Further, it is supported by a promising…

08/11/2024 4:02:24 p.m.

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