After 6,000 ETH gets burned in one week, Ethereum price eyes 35% rally
Fri, Oct 14, 2022 3:41 PM

After 6,000 ETH gets burned in one week, Ethereum price eyes 35% rally

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The native cryptocurrency of Ethereum, ETH, is showing signs of an upcoming rally due to a mix of technical and fundamental factors. Technically, the price of ETH is now anticipating a 35% increase by the end of October. Another bullish signal for ETH is its depleting supply in recent days. Ether supply has dropped by nearly 6,000 ETH (~$7.9 million) in just one week.

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