The Ethereum price has bounced off support at $1,074 with a 7.4% rally in mid-week trading. The leading smart contract platform is exchanging hands at $1,167 during Wednesday’s European session. It has printed two green candlesticks and appears technically strong to close the gap to $2,000.
Ethereum and Bitcoin are back in the green following weeks of selling price action. A more substantial recovery is possible but a long shot as traders remain cautious about further FTX contagion….
Read More: Ethereum Price Prediction – Can ETH Reach $2,000 Soon?