Ethereum Poised for $2.5K as Price Now Nears $2K Mark
Ethereum price is now prepared to reach $2,500 soon. $2,000 is relatively easy to achieve. However, RSI and trading volume suggest a sellout may happen. Ethereum (ETH) is now showing extremely bullish signals, suggesting that the bottom may have indeed been in for the second-largest cryptocurrency by market capitalization. From a low of $1,650 on August 10, ETH’s current price is now at $1,897.74, according to CoinGecko. The astounding surge in ETH price happened right after the US announced an inflation rate of 8.5%, which is even lower than the expected minimum rate of 8.7%. This caused various markets to