Analysts Expect Ethereum to See an Explosive Rally to $440; Here’s Why

Analysts Expect Ethereum to See an Explosive Rally to $440; Here’s Why

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Ethereum has been hovering around the $390 region throughout the past several days and weeks, struggling to break above $400 due to the heavy selling pressure that has been established at this price level.

The cryptocurrency has formed an incredibly tight correlation to Bitcoin, which is currently trading within the upper-$11,000 region.

Analysts are noting that ETH’s ongoing consolidation phase…

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