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Is Ethereum ready to rally to $5000?

FXStreet broadcast about Ethereum. Is Ethereum ready to rally to $5000?. Like many others, the second-largest cryptocurrency, Ethereum (ETHUSD), topped out in March this year. It has lost almost 50% since. However, we must remember that ETHUSD bottomed out over two years ago, on June 18, 2022, and rallied 365%. Thus, the current correction is still within the realm of normality within the world of cryptos, but we must ask, “Is the Bull market since that low over?”

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Price prediction

     
     


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This news story falls under the following sentiment:

  • Positive
     
     


     
     


About Ethereum

Ethereum Foundation is a non-profit and part of a community of organizations and people working to fund protocol development, grow the ecosystem, and advocate for Ethereum. Become a validator and help secure the future of Ethereum. Earn continuous rewards for providing a public good to the community.

     
     


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      News Source

      News seen on: FXStreet
      Description of news source: FXStreet is a leading source for reliable news and real time Forex analysis. FXStreet offers real-time exchange rates, charts and an economic calendar.

           
           


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        Blockchains

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        Sector Name

        Ethereum, FXStreet

        Listing ID

        WCN01211