Ethereum

Rally

Spot

<ul class="news-points">
 <li>Michaël van de Poppe expresses bullish outlook on Ethereum amid dip.</li>
 <li>He anticipates a possible surge with the upcoming trading of ETH ETF.</li>
 <li>Analysts Mags and Yoddha forecast Ethereum reaching a peak of around $15,000 this season.</li>
</ul>
Analyst Michaël van de Poppe has expressed a bullish outlook for Ethereum (ETH) and related tokens, anticipating a price surge as the approval of Ethereum spot exchange-traded funds (ETFs) looms.
In a recent update on X (formerly Twitter), Poppe conveyed his confidence in ETH despite ongoing bearish pressure in the market.
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 <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> has corrected in the past three weeks, but slowly but surely, the momentum toward listing the Ethereum ETF will start to emerge. The expectation is that the ETF will go live in July. I’m betting on the ETH ecosystem and it holds a crucial support level. <a href="https://t.co/BfUQt4hRiX" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/BfUQt4hRiX</a>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1801555180972032229?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 14, 2024</a>
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Poppe acknowledged that Ethereum has retraced most of the gains made over the past three weeks, with its current price at $3,510, down 8% from its weekly high. He suggested that the momentum for listing an Ethereum spot ETF is gradually building, similar to the surge o…
The post <a href="https://coinedition.com/ethereum-rally-expected-as-spot-etfs-launch-analyst-predicts/" rel="noopener noreferrer nofollow">Ethereum Rally Expected as Spot ETFs Launch, Analyst Predicts</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ethereum Rally Expected as Spot ETFs Launch, Analyst Predicts

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