AltcoinIs an Upcoming Breakout on the Horizon for Ethereum Traders

Is an Upcoming Breakout on the Horizon for Ethereum Traders

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Throughout this year, Ethereum has captured widespread attention as one of the most discussed cryptocurrencies, thanks to its dramatic ups and downs and the recent approval of an ETF. The year kicked off with Ethereum trading at $2,352, but by March, it had surged to $4,093, a level not seen since 2021. However, come May 1, the price had dropped to $2,817 before bouncing back to $3,949 in the middle of the month. Just three days ago, Ethereum experienced a dip to $3,600 and has been struggling to break past the $3,800 mark. As of now, it is being traded at $3,683, showing a modest increase of 0.05%, with trading volume also up by 0.07%.

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