Ethereum’s recent price performance signifies a departure from broader market trends, with its value exceeding $2,700. This has led to discussions about a potential rally. Santiment reports Ethereum holding above other altcoins due to its decreasing exchange presence, now at its lowest since inception.
Renewed community interest is bolstering Ethereum’s momentum. Market commentators like Javon Marks suggest Ethereum could surge over 72% from current levels, reaching previous all-time highs, potentially sparking a bullish wave for other altcoins. Crypto analyst Ali highlights a crucial support level at $2,425, representing a significant accumulation zone.
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