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Ethereum (ETH) Price Prediction: Key Metric At 4 Year Low Means Turnaround?

source-logo  coingape.com 09 December 2022 18:00, UTC

Ethereum (ETH) Price Prediction News: While Ethereum (ETH) price continues to hover around the $1,300 level, key in chain indicators are increasingly showing a bullish pattern in coming weeks. It is close to three months now since the Ethereum Merge has been executed in September 2022. Contrary to market expectations, the Merge upgrade did not bring any price rise in the top 2 cryptocurrency. Meanwhile, the big whales have in recent weeks started to accumulate more ETH, which could mean positive momentum ahead.