Ethereum Targets $2,850 – Will Prices Soar Soon?

Title: Ethereum Set to Extend Gains Above $2,650 as Bulls Target $2,850
Summary: Ethereum is witnessing an uptrend as the digital currency extends its gains above the $2,650 resistance. If Ethereum can clear the $2,750 resistance zone, it may target a potential gain towards $2,850. However, any failure to overcome the $2,750 barrier could lead to a drop back towards the initial resistance point of around $2,680. Technical indicators show that Ethereum’s price is currently in a bullish position both in terms of moving averages and relative strength index (RSI). As always with cryptocurrency investing, there are risks involved and investors should only participate with funds they can afford to lose.

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