Ethereum Volume Drops as Bullish Signal Points ETH Price Rise to $2.6K 📈
Ethereum has seen its price drop over 40% since the start of the year, currently hovering around $1,769. Despite the decline, promising technical signals and upcoming protocol advancements suggest the potential for a price rise. Analysts point to a pattern of decreasing spot trading volume, which may signal a trend reversal.
Experts argue that such patterns have historically preceded bullish runs, offering a glimmer of hope for investors. As Ethereum continues to advance its protocols, many believe this could contribute to a future upward price movement towards $2,600.
Source: www.thecoinrepublic.com ↗
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