Will Ethereum Price Rebound Reach $3,000 As Staked ETH Rise To 34.12M?

Quick Summary:

Ethereum price has been gaining momentum since Monday’s black swan event, which roped in the entire cryptocurrency market, resulting in massive liquidations and losses.

Despite the uptick in ETH price, bulls must prove their strength by breaking above a crucial resistance to keep the trend intact.

Climbing above these zones successfully will boost the chances of ETH price rallying above $3,000.

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Article Details

Author / Journalist: John Isige

Category: Crypto

Markets: India

Topics: Ethereum (ETH) Price Analysis Ethereum Price Analsysis ETH

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 17:03:53 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 46 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 21989187

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 31 posts per day

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Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

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