Ethereum Price Analysis: Declining Volume Sparks Doubts on $3000 Breakout
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Ethereum experienced a bullish reversal in mid-July, lifting prices from $2825 to $3196 with a 13.2% weekly gain. Despite this, declining trading volume casts doubts on the cryptocurrency's ability to break the $3000 resistance. Market excitement about the potential approval of spot ETH ETFs contributes to the current price movement.
Source: coingape.com ↗
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