Ether accumulation wallet balances increased by 33%: Is a rally to $3K next?

Ether accumulation wallet balances increased by 33%: Is a rally to $3K next?

1.11%TRX$0.327 0.00%BCH$455.16 1.89%DOGE$0.1001 1.22%XLM$0.174 3.37%ETH$2,428 3.33%BNB$642.51 1.41%SOL$89.12 0.10%HYPE$44.53 1.98%XMR$347.41 0.68%XRP$1.47 1.96%ADA$0.2602 0.44%BTC$77,424 3.06%USD Written by Nancy Lubale,Staff WriterReviewed by Ray Salmond,Staff EditorEther accumulation wallet balances increased by 33%: Is a rally to $3K next?2 hours agoA confirmed cup-and-handle breakout on Ether’s chart and a double-digit increase in ETH accumulation wallet balances could be earlier signs of a longer-term rally for the altcoin. Ether’s (ETH) rally to $2,400 is nearly 38% above its swing low at $1,750, but is ETH’s price move simply a momentum trade, or do longer-term data points suggest a paradigm shift at play? Ether’s recent rally was preceded by an 89% surge in daily active addresses (DAA), which jumped to 730,278 from 384,763 on April 5. The increase in Ethereum’s active addresses i

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