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Ethereum Looks Ready To Break Out Of 4-Year Consolidation, Analyst Says Price Will ‘Go Insane’
Ethereum has gained over 17% in the past week, breaking above \$2,500 and signaling a bullish trend. Analysts suggest that after years of consolidation, ETH is primed for a parabolic breakout. Mister Crypto and Skyrexio forecast a surge, with Skyrexio targeting \$6,500 based on Elliott Wave analysis. Mikybull Crypto believes ETH has exited a 3-year downtrend and could reach \$9,000–\$10,000. Whale accumulation supports this bullish outlook, with 1 million ETH withdrawn from exchanges recently. Titan of Crypto sees a possible rally to \$4,000. As of now, ETH trades around \$2,587. 0 reply
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