The article highlights the potential for Ethereum (ETH) to reach the $4,000 mark and possibly even higher. According to TrendSpider, ETH is breaking above a key trendline resistance from its all-time highs, indicating positive momentum. The cryptocurrency is on the verge of breaking out of a three-year triangle consolidation pattern and could mimic the explosive breakout it experienced in 2016 and 2017. Experts predict a price target of $10,000 to $15,937 by May 2025. Growing institutional investment, particularly in spot Ethereum ETFs, has contributed to the rally in ETH. The article also mentions that analysts see a support level at $3,300 and set a mid-term price target of $6,000, with some predicting a long-term price of $10,000.
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