Ethereum (ETH) has entered a strong trend of rise. Technical indicators indicate that crypto money can reach a new summit in March. According to analysts, ETH can exceed $ 4,880 and reach the highest level of all time.
Ethereum’s rise signals are strengthening
Market analyst Tedpillows, Ethereum’un long -term consolidation process and short -term expansion, he says. Looking at past price movements, such breaks usually trigger large rally.
Ethereum is traded for $ 3,327 at the time of spelling and gained 3 %in the last 24 hours. Analyst thinks that if this acceleration continues, the price may rise above $ 4,000 in a short time:
Ethereum moved to the short -term expansion stage. I think it will rise above $ 4,000 in the coming days. It is very likely that we will see a new summit in February and $ 4,500 in March.
What triggers the rise of Ethereum?
There are several important factors behind this rise in Ethereum.
- Fed’s interest rate decision:The fact that the US Federal Reserve leaves interest rates has led investors to turn to crypto currencies.
- Corporate investor interest:Trump’s company World Liberty Financial (WLFI) has purchased $ 420 million digital assets. 210 million dollars of this investment was allocated to Ethereum.
- Whale Movements:Over -chain data shows that large investors have purchased another 100,000 ETH. The “purchase from the bottom” strategy of the major investors contributes to the price increase.
Are larger targets for Ethereum at the door?
Another important factor supporting the rise of Ethereum is the upcoming Ethereum ETF approval process. Recently, the release of Bitcoin ETFs has increased the interest of corporate investors. A similar process for Ethereum can provide a major flow of capital to ETH.
In particular, the US Securities and the Stock Exchange Commission (SEC) are known to evaluate ETH -based stock market investment funds. If these funds receive approval, Ethereum may be more adopted for institutional investors and the price can be expected to move upwards rapidly. In such a scenario, it may not only exceed the summit of ETH’s summit of $ 4,880, but even the possibility of rising $ 6,000 and above.
Next targets for Ethereum
According to analysts, if the rise of Ethereum continues:
- If the level of $ 3,800 is exceeded, a rapid rise of $ 4,000 may come.
- In February, the level of $ 4,500 is quite likely to be seen.
- In March, the breaking of the historical summit of $ 4,880 may come to the agenda.
Corporate interest in Ethereum and powerful investor support enables the price to continue the rise trend. If macroeconomic conditions remain favorable, new records for ETH can be very soon!
