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The price of Ethereum (ETH) is among the most profitable cryptocurrencies today, April 14, after rising by 9.27% over 24 hours. This increase comes amid a calm market despite tensions caused by the US-Iran conflict. Moreover, the U.S. Securities and Exchange Commission (SEC) has issued new guidelines regarding decentralized finance (DeFi), which in turn boosts the rise in Ethereum's price. With a circular bottom forming and technical indicators turning bullish, will Ethereum's price be able to break the $3,000 barrier? Let's explore that.
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