Ethereum Battles to Maintain its $3k Support
To note is that the same Ethereum investors continue sending their coins to the ETH2.0 deposit contract that now holds 4,697,890 ETH valued at roughly $14 Billion. Therefore, investors are optimistic about the success of the upgrade moving forward.
At the time of writing, Ethereum is trading at $2,955 as it attempts to reclaim the $3k price area as support. Ethereum has a high chance of succeeding in this endeavor given that not too many ETH investors are selling their holdings.
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