Ethereum market structure has been bullish, with analysts projecting a price surge to up to the $10,000 0 ETF inflows and whale accumulation tightened supply, allowing the altcoin to quickly reclaim the previously lost $4,500 support 1 this rally, MAGACOIN FINANCE, an Ethereum-based project, made headlines with a presale that has already raised over 13.5 2 are now keeping an eye on Ethereum’s upward trend and MAGACOIN FINANCE’s fast funding 3 estimate that, as a community-based growth and scarcity-supply tokenomics altcoin, MAGACOIN FINANCE will see over 700x ROI in 4 Price Path to $10K Additionally, Ethereum is growing because more people are using decentralized finance, and institutions are buying 5 amounts of money coming into spot Ethereum ETFs show that the asset managers believe in ETH long-term 6 August alone, more than $2.8 billion went into these ETFs, which supports the idea that this asset will lose value over time.
Also, according to market analysts, Ethereum is starting to show a pattern resembling previous 7 its 2021 rally to $4,900, ETH was viewed with suspicion at $1,400. Analysts now forecast that the next major turning point will occur in the $9,000–$10,000 range, citing the Rainbow Chart’s valuation zones, which show that Ethereum is outside of bubble 8 Chart |
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