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Ethereum under Pressure: Is a Breakout to $3,000 Near?

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by Giorgi Kostiuk

5 hours ago


Ethereum price hovers around $2,550, facing significant resistance at $2,800. While ETH bulls hope for a breakout towards $3,000, the meme token FloppyPepe is witnessing growing interest from investors.

Ethereum Aiming for a Breakout at $2,800

After hitting a four-month high of $2,880, the Ethereum price has pulled back to around $2,550. Nevertheless, ETH bulls are attempting to test the resistance at $2,800. Analyst Daan Crypto Trades notes that the Ethereum price is narrowing its trading range just below the key level. "If ETH bulls break and hold above that level, a rapid surge towards the previous cycle high near $4,000 is likely."

Rising Popularity of FloppyPepe Meme Token

The presale of FloppyPepe (FPPE) is drawing significant interest as more investors become aware of the technologies behind it. Currently valued at just $0.00000035, investors can also utilize a bonus of 80% by using code FLOPPY80 at checkout.

FloppyPepe's Economy and Advantages

FloppyPepe (FPPE) offers long-term benefits to its holders, including a 1% burn per transaction, 1% redistribution as passive income, and 1% dedicated to charity. The project is also tax-free and encourages long-term holding, offering mechanisms like high-yield staking and liquidity farming.

The current price of Ethereum is at a critical level, while the FloppyPepe meme token is emerging as a notable player in the crypto space. Investors are closely watching both trends in hopes of a successful breakout.

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