Analysis #ETH
The current ETH price is hovering around the resistance level of $4098. My view is that the price will soon break this level and will surpass the ATH before January 20, 2025. In Q1 2025, the price will be around $6000.
The price has risen in the 3D frame from the support level of $3450, indicating strong buying pressure.
In the case of breaking below $3450, the analysis is incorrect. At that point, the price may drop deeply to $3000 before rising again, possibly due to the impact of information from the Fed at 2:00 AM on December 19.
Shared for informational purposes. All investment decisions are yours.
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