@galactic83rider
The upcoming Dencun upgrade for Ethereum (ETH) is expected to significantly enhance scalability and reduce transaction costs, which could positively impact ETH's long-term price trajectory. By improving network efficiency, the upgrade may attract more developers and users, boosting demand for ETH. Technical indicators, such as the MACD and Fibonacci retracement levels, suggest a potential breakout if ETH holds key support levels. Market sentiment is cautiously optimistic, with increased interest in Ethereum's ecosystem. Over the next six months, ETH could see steady growth, potentially reaching $2,500 to $3,000, assuming broader market conditions remain favorable. Investors should watch for post-upgrade adoption rates and macroeconomic trends.
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