$ETH Forecast: Rally to Yearly High
Despite this, optimism in the Ethereum market remains strong, suggesting further growth. The Parabolic Stop and Reverse (SAR) indicator for ETH on the daily chart confirms this optimistic forecast. Its dots are located below the price level, which indicates upward momentum and suggests a bullish trend.
If the trend continues, the price may break the resistance at $3,669 and reach a yearly high of $4,093. If the bullish pressure weakens, the ETH price may fall to the support at $3,336.
