Ethereum Could Skyrocket to $7,500, Predicts Glassnode Founder

Ethereum (ETH) is showing potential for significant price movement towards $7,500, according to on-chain analysis by Glassnode. The analysis suggests that Ethereum’s market structure may mirror 2021’s price surge, which saw substantial gains. Experts highlight a Fibonacci extension that indicates the possibility of a notable price increase. Ethereum poised for a potential breakout above $7,500,

Source: CoinOtag