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Ethereum Poised for a Weekend Pump; Will it Surge to $5,000?

  • Crypto analysts anticipate a bullish weekend for Ethereum (ETH) following hints that the cryptocurrency market may be unshackled from recent downward pressure caused by stock market volatility.
  • Prominent analyst CryptoQuant predicts Ethereum's price could surpass $5,000 based on the 'realized price upper band' indicator.
  • The realized price reflects the average price at which all Ether tokens last transacted and current upper band stands at $5,200, signaling potential for further growth.
  • Ether is currently trading at around $3,920, with $5,200 emerging as a key target.

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