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Ether tests $2.4K as accumulators add 246K ETH: How high can price go?

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 75 Views

Ether tests $2.4K as accumulators add 246K ETH: How high can price go?

Ether could rise as high as $3,500 in the coming days, fueled by rising balances in Ethereum accumulation wallets and a strengthening technical structure.

Ethereum accumulation addresses witnessed a surge in daily inflows on Wednesday, suggesting growing confidence in Ether’s (ETH) long-term price trajectory following its latest rise to $2,400.

Key takeaways:

Investor confidence in Ether appears to be improving following its 39% recovery from a multi-year low below $1,750.

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