Key Takeaways
- Ethereum is up nearly 16% in the last five days.
- On-chain data shows a large number of tokens moving out of exchanges.
- Further buying pressure could push ETH to $3,300 or higher.
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Ethereum could be ready to rise after overcoming a significant supply barrier. A spike in buying pressure could result in a major rally.
Ethereum Breaks Critical Resistance
Ethereum appears to be bound for significant price action as its on-chain activity turns…
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