Ethereum Price Eyes $6K by November as Analysts Cite Key Levels

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According to TheMarketPeriodical, Ethereum (ETH) is being eyed to reach $6,000 by November, as analysts highlight key price levels and a favorable market setup. Analyst Cas Abbe noted a strong weekly retest with high volume and momentum, suggesting a potential rally. ETH is currently trading around $4,491 and faces resistance at $4,500, which could determine its next move. The market is also anticipating further U.S. Federal Reserve rate cuts, which may boost crypto demand. Analysts expect ETH to consolidate before a potential new all-time high.

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