Ethereum price prediction: ETH has recently outperformed Bitcoin, marking a significant 14% increase within a fortnight. The cryptocurrency recently surpassed the $2,500 mark, a first since May 2022. This breakthrough, fueled by robust fundamentals and growing optimistic market sentiment, sets the stage for Ethereum’s potential climb to the $3,400 level.
Ethereum’s Bullish Trajectory and Market Optimism
After reaching a multi-week high near $2,716, Ethereum price experienced a slight correction, dipping below $2,600 and $2,550. Despite this, the overall momentum remains bullish. Last week’s ETF approval contributed to a surge in Ethereum’s price, maintaining it above the $2,500 threshold. This upward trend presents a promising outlook for Ethereum’s near-term price increase.
Source: Tradingview
Ethereum price is currently hovering around $2,514, showcasing an impressive gain of over 64% in the past year and a 10% increase in the last month. Despite a minor 1% decrease in the
We współpracy z: https://coingape.com/markets/ethereum-price-prediction-will-triangle-momentum-propel-eth-to-3400/
