Ethereum Breakout Alert: Price Prediction
Ethereum (ETH), the second-largest cryptocurrency, has broken a key resistance level, signaling a potential 15% rally to $4,137 if it sustains above $3,575. Currently trading at $3,612, ETH shows bullish momentum, supported by its position above the 200 EMA and a positive RSI.
Technical analysis highlights a successful breakout from a consolidation zone at $3,550, while on-chain data reveals record-high Open Interest (OI) of $23.56 billion, reflecting strong trader confidence. Despite a 10% price surge in 24 hours, trading volume has dropped by 9%. ETH remains a key watch for further growth. $ETH possibly may break their ATH as well after $BTC and SOL