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Ether could stay ‘subdued’ in the weeks ahead: Analyst

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 18 Views

Ether could stay ‘subdued’ in the weeks ahead: Analyst

Swyftx analyst Pav Hundal says near-term risks are already priced in, and without new catalysts, Ether may trade sideways.

Ether has already priced in much of the short-term macro risk and upcoming industry catalysts, setting it up for a period of sideways trading, according to a crypto analyst.

“A lot of near-term uncertainty is priced into Ethereum,” Swyftx lead analyst Pav Hundal told Cointelegraph on Thursday.

“It would not surprise me at all if ETH remains pretty subdued over the next few weeks.” 

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