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Ether could stay 'subdued' in the weeks ahead: Analyst

1M ago
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Ether could stay 'subdued' in the weeks ahead: Analyst

Swyftx lead analyst Pav Hundal says near-term uncertainty has already been priced into Ether, and without any surprise catalysts, it will likely trade sideways for now.

Ether’s price has already factored in much of the short-term macro risk and upcoming industry catalysts, setting it up for a period of sideways trading, according to a crypto analyst.

"A lot of near-term uncertainty is priced into Ethereum,” Swyftx lead analyst Pav Hundal told Cointelegraph on Thursday.

“It would not surprise me at all if ETH remains pretty subdued over the next few weeks.” 

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