#BIOOnBinance #Ethereum Price Prediction: Will $ETH Break Above $3,500?

Ethereum ($ETH ) began to recover after hovering below $3,420 the entire week. The December high of $4,077 remains out of reach, but there’s hope $ETH will clear resistance at $3,500.

This uptick could result from the 16.29% spike in the 24-hour trading volume of Ethereum ecosystem tokens. The cumulative market cap of all projects on Ethereum now exceeds $495B.

Will this bounce be enough for a comeback? Let’s take a closer look at $ETH's price action.