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Ether Poised for $3.2K Surge Amidst Low Stablecoin Yields

Ethereum to $3.2K Amid Low Yields?

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

Crypto analytics firm Santiment suggests that Ether (ETH) could soon reclaim the $3,200 resistance level, projecting a potential 7% increase. This optimistic outlook is based on the current low yields offered by stablecoin lending protocols, which Santiment interprets as a sign that the crypto market has not yet reached its peak.

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