Ether Eyes $3.5K as Accumulation Surges
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Ether is testing the $2,400 resistance level, supported by a surge in accumulation wallet balances which added 246,000 ETH. This strong accumulation trend, combined with a strengthening technical structure, suggests bullish momentum could propel Ether to $3,500 in the coming days. The increasing demand from long-term holders indicates confidence in further upside, though short-term volatility may persist. Key resistance lies at $2,500, with support at $2,200.
Read full article on CoinTelegraph
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