Ethereum Price Prediction: Upward Trend and Recent Performance
Ethereum has been experiencing a significant upward trend within a rising parallel channel since October 2023. This trend gained momentum following news of a spot ETF, propelling Ethereum past previous resistance levels. However, there has been a recent shift towards a bearish trend, marked by a downward selling trend. Over the weekend, Ethereum saw a bounce-back with an upward swing of over 5%, reaching approximately $2,266.
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