The second-largest cryptocurrency will see over 8% growth against its top rival should the technical outlook play out.
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The second-largest cryptocurrency will see over 8% growth against its top rival should the technical outlook play out.
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The upside outlook appears as ETH price eyes a breakout above its five-month-old resistance trendline.
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The three bullish indicators converge as Ethereum’s native token Ether climbs over 9% Friday to cross $3,000, its psychological resistance level.
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The Ethereum block producers accumulated $6.1 billion worth of ETH tokens after the Aug. 5 network upgrade.
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Meanwhile, the amount staked in Ethereum 2.0 smart contracts reached over 7.75 million ETH.
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