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Ethereum SuperTrend Signal That Led To 120% Price Surge In 2023 Has Returned, Why ETH Could Reach $7,500

  • The Ethereum (ETH) price rallied by about 10% on Wednesday, clearing the $3,550 resistance zone.
  • The SuperTrend buy signal has reemerged on the Ethereum price chart, suggesting a potential bullish surge.
  • The previous SuperTrend buy signal in 2023 led to a 120% price rally for Ethereum, indicating a possibility of reaching $7,500.
  • Technical analysis supports the bullish outlook for Ethereum, with indicators like RSI and MACD indicating continued upward momentum.

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