CandleFocus Ethereum (ETH) Long-Term Holders Eye $3,000 Amid Growing Optimism
2024-10-29
Author: Content Editor
Long-term Ethereum holders are confident in the cryptocurrency's potential for continued price growth, as evidenced by their unrealized profits and market sentiment. Ethereum has seen a resurgence and surpassed $2,600, leading to increased social dominance and discussions about the cryptocurrency. On-chain data suggests that Ethereum could rise further in the short term, with strong support levels. However, if buying pressure decreases, Ethereum's price could slide to $2,355.
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