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Benzinga
Benzinga
Business
Melanie Schaffer

Is Ethereum Heading Toward $2,300? Here's What The Chart Suggests

Ethereum Crypto

Ethereum (CRYPTO: ETH) shot up almost 5% during Friday’s 24-hour trading session before the move higher was thwarted by a bearish day in the general markets that saw the S&P 500 sliding 0.8%.

The crypto’s surge may have been due to algorithms recognizing a bull flag pattern had developed on Ethereum’s chart.

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