Ethereum's Bullish Momentum Returns with Potential for $7,500 Surge
TL;DR Summary
Ethereum's price has surged by 10%, triggering a SuperTrend buy signal, which previously led to a 120% price increase in 2023. Crypto analyst Tony Severino highlights the potential for Ethereum to reach $7,500 if it replicates its past performance. The SuperTrend indicator, along with other technical analyses, supports a bullish outlook, with Ethereum currently trading at $3,590. The RSI and MACD indicators suggest further upward momentum, with the price potentially peaking by mid-2026.
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