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What's Stopping Ethereum From Producing a God Candle to $5,000?

source-logo  coingape.com 11 October 2024 19:21, UTC

Ethereum, the second-largest cryptocurrency by market capitalization, has been long-anticipated by crypto investors to surpass the $5000 psychological level. However, despite the launch of spot ETFs (Exchange-Traded Funds), which drove Bitcoin to new highs, Ethereum’s price has struggled to sustain a directional rally. Here’s what is stopping Ethereum price from producing a ‘God candle’ to the $5k mark.

coingape.com
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