Ethereum (CRYPTO:ETH) continues to power higher, hitting a new all-time high Thursday.
Ethereum peaked at $2,800 and continues to have the second-highest market cap of cryptocurrencies behind Bitcoin (CRYPTO:BTC). The continued rise may be due to the potential in staking rewards for Ethereum 2.0.
Below is a technical analysis of the crypto’s chart.
Ethereum Daily Chart Analysis
- Ethereum broke out of an ascending triangle pattern and was able to retest the…
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