🔥🔥Ethereum (ETH) Ready for a Breakout to a New ATH🚀🚀🚀
Ethereum price rose over 13% over the previous week, although there was some consolidation between the $3,570 and $3,020 levels. After a recent pullback that prompted Ethereum price to retest the crucial resistance level of $3,300, this strong bullish momentum is inspiring investors expecting a new ATH.
Over the past month, Ethereum (ETH) has demonstrated incredible performance, gaining over 40%, substantially inspiring investor confidence. Furthermore, Ethereum price expects further increases in the coming weeks if the positive trend strengthens and the altcoin breaks above the $3,500 resistance zone.
Although Ethereum price shows a positive bullish structure, many analysts believe that the altcoin could soon reach its all-time high (ATH) of $4,890 reached in 2021. Technical indicators such as the momentum oscillator and moving averages support the positive assessment for Ethereum (ETH), as they both show continued bullish momentum.
💸I bought my ETH in 2017 and I have kept them in stacking since 2021 and I am thinking of selling some on this 2025 bullrun💸