Ethereum is in an accumulation phase with stable prices. A breakout is possible, but profit-taking and liquidations may delay a rally...
growth has moderated itself following a robust rally in recent months, one during which the asset gained by 46.65%. Over the last 24 hours though, ETH slipped by 0.13% – A sign of a temporary slowdown.
However, AMBCrypto’s analysis revealed that while the accumulation phase bodes well for ETH’s long-term prospects, it is unlikely to trigger a rally just yet.
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