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Ethereum Price Prediction: True Recovery Begins as ETH Recaptures $2,400

FX Empire | Nov 5, 2026 7:55 AM EST

Ethereum (ETH) has reclaimed the pivotal $2,400 resistance after a strong bounce off $2,200, driven by a $600M short squeeze, falling crude oil prices post-U.S. midterms, and an MVRV ratio approaching positive territory.

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