Ethereum's Recent Price Movements
Ethereum's (ETH) price has been consolidating above $2,500 for over a week, leaving traders seeking more volatility. While this price stability may seem tedious to some, renowned crypto analyst Benjamin Cowen suggests that a brief recovery might occur in September, followed by potential declines in Q4. He draws comparisons to Ethereum's performance in 2016, stating, 'ETH/USD monthly candles continue to track 2016 perfectly. If it continues to play out, it would suggest ETH is green in September, and then red Oct-Dec.'
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