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2024 Unleashing the Power of Ethereum (Part II)
Moreover, the Deflation nature of Ethereum first emerged in 2023 and is expected to persist in 2024.
This deflation pressure, coupled with the growing popularity of Decentralized Finance and Non-fungible Tokens on the Ethereum network, could lead to an increase in utility and demand. Ethereum.
Moreover, technical analysis of Ethereum's price action in 2024 revealed a bullish pattern that formed an rising triangle and a triple top.
These patterns suggest that an upside breakout is on the horizon and that the price of ETH could hit new all-time highs in the coming year. (Redirected from TV-EgideSimba)