Positive newsflow, a change in investor sentiment, and steady ETH ETF buying could help Ether rally above $2,700.
Key point:
Ether aims to establish a new trend, but bulls need to secure a daily close above $2,635 first.
Ether’s (ETH) price has been in a range for several days, but institutional investors seem to be silently accumulating. Ether exchange-traded products (ETPs) recorded $225 million in inflows for the trading week ended Friday, according to CoinShares data. It was the 11th successive week of inflows into Ether ETPs.
Read more
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
If you want to read more News articles, you can visit our General category.
