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Ethereum Price Prediction: ETH Soars 18% In February On Optimism For Ethereum Dencun Upgrade And ETH ETFs, But Analysts Say This ICO Might Be.

Ethereum Price Prediction: ETH Soars 18% In February On Optimism For Ethereum Dencun Upgrade And ETH ETFs, But Analysts Say This ICO Might B...

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Ethereum Price Prediction: ETH Soars 18% In February On Optimism For Ethereum Dencun Upgrade And ETH ETFs, But Analysts Say This ICO Might B...

Table of Contents

Ethereum Price Forms A Bullish Channel

Buyers May Boost The Ethereum Price As A Bullish Flag Is Triggered

The Upgrade The BTC Cloud Mining Industry Needs

The Next 10X Opportunity

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The Ethereum price pumped more than 18% so far this month to trade at $2,926.70 as of 1:15 a.m. EST.

Analysts believe the ETH price may rise further in the short to medium term with the much-anticipated Dencun upgrade less than a month away. This upgrade will make Ethereum faster and cheaper as it will introduce “proto-danksharding” to the network.

Optimism around the U.S. Securities and Exchange Commission approving an Ethereum ETF (exchange-traded fund) this year has also been on the rise. The regulator’s approval of 10 different Bitcoin ETFs in January has strengthened the belief that an ETH ETF approval is coming sooner or later.

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#Ethereum(ETH)