Analysts Expect Ethereum Price to Pop as Buying Pressure Builds

Ethereum and the aggregated crypto markets have incurred a decent amount of buying pressure today which coincided closely with Bitcoin’s rapid surge into the upper $11,000 price region.

This price surge marks an extension of the choppy price action that the markets have incurred over the past several days, and analysts are now noting that Ethereum may be posed for significantly further gains in the near-term due to the aggressive buying pressure that is underlying its latest move up.

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