Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has made a significant comeback with a 29% surge over the past week, approaching all-time high (ATH) levels. Ethereum’s price performance has prompted Standard Chartered, one of the UK’s largest financial institutions, to significantly revise its price projections for the cryptocurrency. Ethereum Consolidates 4% Below All-Time Highs Currently, the Ethereum price is consolidating above the $4,600 level, which could serve as a crucial support point as if ETH breaks through its previous all-time high of $4,878 reached in 2021, it may enter a new phase of price discovery. Presently, a mere 4%…
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