Ethereum Eyes $3,500 As ETH Price Reclaims Pandemic-Era Support With 40 Percent Rebound

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Ethereum’s native token looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5.

ETH price rising above its 50-week exponential moving average means the price also inched above $3,000, a psychological support level that may serve as the ground for Ether’s next leg up.

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