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These 3 Ethereum metrics favor an ETH price rally to $6K

55m ago
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These 3 Ethereum metrics favor an ETH price rally to $6K

Ethereum signalled a potential rally to $6,000 as bullish technicals, tightening supply, and rising institutional demand are starting to look like major tailwinds.

Ether’s (ETH) 33% rally from its sub-$1,800 multi-year lows appears to be cooling, but several key metrics suggest the top altcoin is primed for a bigger rally toward $6,000 or higher.

Key takeaways:

Ether is currently displaying a technical setup similar to past cycles that ignited a massive rally in ETH price. 

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55m ago
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