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Analysts say ‘impulse move’ could send Ethereum price into the $6K to $14K range -Breaking

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Since November’s start, crypto markets have been booming. As of Nov. 2, almost uncountable tokens had risen to new highs in Ether.ETH) broke above the $4,500 level and (BTCThe $64,000 mark was reclaimed by ). The (DOT) reached a new all-time record as tokens were accumulated by investors in preparation for the parachain auctions.

Following the recent Ether price increase, Ether’s value has been steadily rising. The Altair Update to EthereumBeacon chain is part of protocol transition to Eth2 as well as a proof-of stake mechanism. It has seen over 8 million Ether taken from circulation and staked under the Eth2 contract.

1-day chart of ETH/USDT TradingView
Chart for ETH/USDT 1 day. Source: Twitter
1-day chart. Source: Twitter