3 signs Ethereum price is on track toward $2.5K by September
Cointelegraph
Published Aug 11, 2022 03:01AM ET
Updated Aug 11, 2022 04:40AM ET
Ethereum's native asset Ether (ETH) has more than doubled in value since bottoming out at around $885 in June 2022. Now, it eyes a decisive move toward $2,500 in August per a slew of technical and fundamental indicators.
A big part of Ether's ongoing rally has appeared due to "the Merge," a network upgrade that will switch Ethereum's underlying blockchain protocol from proof-of-work (PoW) to proof-of-stake (PoS) in September.
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Written By: Cointelegraph
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