Despite the poor performance of Ethereum (ETH) in recent months, some new data from the hope for the digital currency has created. These data show that Ethereum is likely to experience good price growth in the coming days.
Ethereum has been in a downward trend over the past six months and its efficiency has been more than -5 percent in year 2. It is worth noting that if anyone had invested in Ethereum for two years, today his capital will remain as early.
The first positive sign for Ethereum is the dramatic decline in the net volume of sales transactions. Cryptocanium data shows that sales pressure by institutional investors is over. Similarly, in September, Ethereum price rise to $ 4.9.
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The second positive sign is the precious chat of the Ethereum on the Chicago Stock Exchange (CME). Currently, four important chats are opened in the range of $ 1.2 to $ 1.2, which is likely to be filled in the future. The most important area is the gap between $ 1.5 and $ 2.9, which can be a price target in the new uptrend.
But perhaps the most fascinating sign is the classic pattern of triple power. This pattern consists of a phase of stabilization, deviation and then a price explosion. The analysis called Belle, based on this pattern, has set a purpose of up to $ 1.5 for Ethereum, which is very close to the mental level of $ 4.9.
Despite market distrust of macroeconomic conditions and geopolitical developments, some traders are still optimistic about the future of Ethereum. Rektproof, a well -known market traders, bought a thousand dollars of Ethereum every day on April 1 and has earned a 3.5 percent return.
Finally, despite the vague atmosphere and threats to the intensification of the US government’s tariff warfare, new data can be a spark for the powerful Ethereum return; If, and only if the market gives the opportunity to breathe the king of the penis.
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