Analyst: Ethereum Likely to Target $555 as Bulls Shatter Key Level
Ethereum has rocketed past $500, with its ongoing upswing coming about as investors begin pouring capital into altcoins while BTC pushes towards its all-time highs
This momentum is showing no signs of slowing down anytime soon
Whether or not bulls can close its price above this level during tonight’s daily close will provide some insight into its mid-term outlook
This surge has created a tailwind for altcoins, with many posting massive gains as the DeFi sector once again leads the charge higher
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