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Historical Pattern From 2020 Hints Ethereum Could Be Poised For A Parabolic Rally, Analysts Explain

  • Analysts suggest that Ethereum (ETH) could be on the verge of a massive rally, based on historical patterns.
  • Similarities have been observed between the current ETH price action and that of 2020 following the COVID market crash.
  • Multiple indicators, including oversold conditions and bullish signals, point towards a potential ETH rally.
  • Rising ETH exchange reserves may impact the speed of price recovery.

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