After months of underperformance, ETH price has started to show growth, breaking above the $3,300 mark. Investors and analysts anticipate continued positive momentum.
ETH Rise and Current Situation
According to the latest market data, ETH is currently trading at $3,350, where it might encounter short-term resistance before reaching $3,400. In the coming days, ETH is expected to fluctuate within the $3,400 to $3,500 range, observing potential movement beyond $4,000.
What’s Next for ETH?
Analysts suggest that with the current momentum, ETH might hit $3,550. For a broader picture, ETH needs to break the major resistance at $3,500 to move towards the psychological mark of $4,000.
Long-term Ethereum Prospects
The increased popularity of Ethereum and active large-scale investor activity could support the current rally. If buying pressure remains, ETH might gradually climb beyond $4,000, paving the way for a new bullish cycle.
The rise of Ethereum in recent weeks has been supported by growing interest from institutional investors and positive market data. If the price remains above key resistance levels, ETH could continue to strengthen its market position.
