Ethereum price headed for $4,000 showdown: Is this time different?

Ethereum is nearing a significant resistance at 4,000 USD for the fourth time since February 2024. Factors like record ETF inflows and strong demand from corporate treasuries are contributing to the optimism around ETH.

Recent data shows an increase in daily transactions and active addresses, indicating robust activity. Analysts suggest that the price may reach 5,000 USD soon, bolstered by a bullish pattern on the ETH/USD chart.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts