Ethereum Price Holds $1,800 Ahead of Pectra Upgrade: Is a Bull Run Loading?

Quick Summary:

With short-term bullish resilience, the upcoming Pectra upgrade is expected to boost the ETH market price with multiple changes in the ETH mainnet, leading to increased scalability and additional features.

Ethereum (ETH) price at $1,805 shows resilience above the $1,800 mark despite the sudden shakeout in the crypto market.

As Ethereum holds its ground near $1,800, the in/out of the money around price indicator from IntotheBlock reflects a strong resistance ahead.

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Article Details

Category: Crypto

Markets: India

Topics: Price Analysis Ethereum

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 04:39:01 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 844 words

Reading Time: 5 minutes read

Sentences: 68 lines

Sentence Length: 13 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 28429634

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News Last Updated: 8 hours ago

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