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Ethereum Price Analysis – Bullish reversal likely
Ethereum (ETH) has attempted to find a bottom after falling below US$400 this week. The market cap now stands at US$40.73 billion, with exchange-traded volume of US$628.7 million in the past 24 hours.The future direction of the ETH protocol continues to be hotly debated and discussed. A hard cap on the total ETH created is also in the cards, while concerns over decentralization, security, and scalability remain at the forefront.
