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Ethereum Price Prediction: Pectra Update Increases Buying Pressure
Santiment reported a 10-year low of Ethereum reserves on exchanges.
In March, Ethereum accumulation addresses received 2.11 million ETH.
ETH may find support at the $1,800 level if a significant downtrend line is broken.
On Friday, Ethereum (ETH) rose above $1,900 as investors increased buying pressure in March. The leading altcoin could recover if the Pectra upgrade becomes a price catalyst.
Ethereum buyers are increasing their purchases despite poor price formation.
According to data from Santiment, Ethereum's supply on excha
Santiment reported a 10-year low of Ethereum reserves on exchanges.
In March, Ethereum accumulation addresses received 2.11 million ETH.
ETH may find support at the $1,800 level if a significant downtrend line is broken.
On Friday, Ethereum (ETH) rose above $1,900 as investors increased buying pressure in March. The leading altcoin could recover if the Pectra upgrade becomes a price catalyst.
Ethereum buyers are increasing their purchases despite poor price formation.
According to data from Santiment, Ethereum's supply on excha
ETH4,51%