{"id":525619,"date":"2023-04-04T22:00:24","date_gmt":"2023-04-04T22:00:24","guid":{"rendered":"https:\/\/uniquehot.com\/?p=525619"},"modified":"2023-04-04T21:46:23","modified_gmt":"2023-04-04T21:46:23","slug":"ethereum-eth-price-rally-set-to-persist-on-chain-data-shows","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-price-rally-set-to-persist-on-chain-data-shows\/","title":{"rendered":"Ethereum’s (ETH) Price Rally Set To Persist, On-Chain Data Shows"},"content":{"rendered":"
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has regained its bullish momentum and is continuing its bull run. The cryptocurrency has managed to break multiple significant resistance levels since rebounding from the $1,000 area in November 2022, signaling a potential upward trend in the market.<\/span><\/p>\n
Ethereum is trading just below the $1900 mark, representing uncharted territory since August 2022. Despite breaking its correlation with Bitcoin, the question remains whether Ethereum can continue its upward trend and reach new yearly highs by surpassing the $2,000 milestone.<\/span><\/p>\n