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Ethereum (ETH) Price Regains Footing After $3,000 Scare — What Lies Ahead Beincrypto vor 3 Wochen

Ethereum (ETH) Price Regains Footing After $3,000 Scare — What Lies Ahead 📈

Ethereum's price stabilized above $3,000 as bulls defended the altcoin, with its current trading price at $3,480. The MVRV ratio, an indicator of profitability, has risen to 11.89%, signaling room for growth as it hasn't reached the typical local top range of 18% to 22%.

The Mean Dollar Invested Age (MDIA) suggests reduced stagnation for coins, increasing trading activity, potentially signaling a price rally for Ethereum.

A technical pattern, the inverse head-and-shoulders, suggests ETH could rise towards $4,000 in the short term. However, if selling pressure increases, Ethereum might decline to $3,206.

Quelle: beincrypto.com ↗

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