CandleFocus Ethereum Eyes $3K as Bullish Momentum Builds, Is a Breakout Near?
2025-03-11
Author: Content Editor
Analysts predict that Ethereum's price will potentially reach $3,000 and $4,000 this year. The recent rebound from key support levels and the break above a descending trendline indicate strong bullish momentum. There is resistance ahead, but renewed buying pressure is fueling optimism. The On-Balance Volume stabilizing and the formation of horizontal support suggest a foundation for further upside. The Wyckoff accumulation pattern and historical price movements also support the possibility of a breakout and strong uptrend for Ethereum.
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