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Ethereum Bulls Gear Up For Recovery – Can Spot ETFs Push Price To New Highs?

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Ethereum Bulls Gear Up For Recovery – Can Spot ETFs Push Price To New Highs? - NewsBTC

Quick Summary:

Additionally, technical indications are pointing to a bullish outlook for Ethereum as it approaches a crucial resistance level around $3,250.  Ethereum Basking In Bullish Sentiment Ethereum is now looking to break above $3,200 after trading for the majority of the week below $3,100.

We’ll see… — Eric Balchunas (@EricBalchunas) July 12, 2024 Related Reading: Bitcoin Whales Accumulate 71,000 BTC Amidst Price Dip – Details Indicators Looking Bullish On the technical side of things, technical indicators also support a bullish outlook.

This has led to an increase in a bullish case for Ethereum for the rest of the month.  Yeah, rn it’s all quiet on the Western Front re eth ETFs.Nada from SEC this week.

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-14 @ 13:00:39 (2 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 483 words

Reading Time: 3 minutes read

Sentences: 69 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 21610402

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Official Website: newsbtc.com

Update Frequency: 10 posts per day

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News Last Updated: 8 hours ago

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