Fri, 17 Apethereum

Ether accumulation wallet balances increased by 33%: Is a rally to $3K next?

Burns Brief

A confirmed cup-and-handle breakout on Ether’s chart and a double-digit increase in ETH accumulation wallet balances could be earlier signs of a longer-term rally for the altcoin Market sentiment is turning positive, with traders and analysts pointing to potential follow-through momentum in the coming sessions. Watch $ETH for reaction — a decisive move above or below key levels will confirm the next trend.

A confirmed cup-and-handle breakout on Ether’s chart and a double-digit increase in ETH accumulation wallet balances could be earlier signs of a longer-term rally for the altcoin.

Key Takeaways