According to the analyst, who stands out with his accurate predictions in the cryptocurrency market, Ethereum's rally could reach $5,000, while its former peak of $4,800 stands out as an important resistance level.

Popular crypto analyst Titan of Crypto has stated that Ethereum’s price rally to $5,000 could be a “minimum target.” The analyst shared his prediction in a Dec. 6 social media post, basing it on price fractal patterns.

However, Ethereum’s price is currently positioned 18% below its previous high of $4,800. This level remains a significant resistance for now. Experts believe that breaking this resistance could create new momentum for Ethereum.

Ethereum’s market value, at $479 billion, is now roughly $121 billion ahead of Bank of America’s $358 billion, according to Companiesmarketcap, a data that compares the market values ​​of companies. This suggests that Ethereum is not just a cryptocurrency but also a major financial asset on a global scale.

Analysts emphasize that in addition to Ethereum's technical appearance, increasing usage areas and development activities may also be effective in this rise. Investors are closely following how these resistance levels will be tested in the coming days.

Stay tuned for new information.

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