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02/10 14:07

Ethereum Price Dips, But Analysts Predic

Ethereum Price Dips, But Analysts Predict Explosive Surge to $15,000—Here’s Why

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced another downturn in its price. Following an earlier attempt at bullish momentum last week, Ethereum has dropped by 2.4% in the past 24 hours, trading at $3,577 at the time of writing. This decline puts Ethereum at a 26.8% decrease from its all-time high of $4,878, recorded in November 2021. Despite this, the network’s daily trading volume remains quite strong, registering $42.4 billion—a significant increase from late last month when volumes dipped below $35 billion. Related Reading: Ethereum Risk-Reward Ratio Is Now Attractive, Brokerage Firm Explains Chart Patterns Indicate Potential Rally While Ethereum’s current price trajectory may appear discouraging, analysts within the cryptocurrency community have expressed .

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