#ETHOnTheRise
Ethereum ($ETH ) has been gaining traction recently, reflecting bullish sentiment in the market. Currently, ETH is trading between $3,395 and $3,596, having increased by approximately 36% over the past month. This growth is attributed to factors such as increased interest in Ethereum exchange-traded funds (ETFs), higher spot accumulation, and rising activity in the broader Ethereum ecosystem.
Key indicators, including the Relative Strength Index and moving averages, suggest the potential for further upward movement. If $ETH breaks the resistance level around $3,770, it could target $4,242, representing a potential gain of about 20%.