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$3K ETH Price Breakout: Still Waiting… Like We All Are for the Apocalypse

A comic-style illustration depicting the Ether (ETH) price chart with various lines and shapes representing market analysts' predictions and resistance levels. In the foreground, a whale made up of coins is shown breaking through a $2,700 barrier, while in the background, a cat-shaped shadow hints at a potential correction to $1,750.

The eternal optimists and their $3K Ethereum dreams are at it again! Meanwhile, in the real world, people are actually buying things that have inherent value – like food and shelter – instead of speculating on numbers floating around on a computer screen. It’s almost as if they think crypto is going to magically defy gravity and logic forever… but we all know how well those plans work out for gullible idiots who want to get rich quick, right? And let’s not forget the ‘expert’ analysts spewing forth their predictions like so many Chicken Littles crying about the sky falling. Meanwhile, Ethereum whales are just accumulating more Ether – because what else do they have better things to spend $540 million on?.

Source: cointelegraph

Market analysts are eying a potential Ether rally to $3,000, but it may only occur during the fourth quarter of 2024. How soon can Ether overcome the key $2,700 resistance? The Ether (ETH) price appears to be setting up for a price breakout above the $3,000 psychological mark, according to crypto analyst Poseidon, who wrote in an Aug. 28 X post: Other analysts are also expecting a breakout. However, Ether’s price […]

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