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Home»ADOPTION NEWS»Ethereum Price finally suggests the data as ‘breaking out’: Next is $ 3K ETH?
ADOPTION NEWS

Ethereum Price finally suggests the data as ‘breaking out’: Next is $ 3K ETH?

By Crypto FlexsMay 8, 20253 Mins Read
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Ethereum Price finally suggests the data as ‘breaking out’: Next is $ 3K ETH?
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Main takeout:

  • For the trader aims for $ 3,000 ETH, ether stops the drop in multiple monitors.

  • Ether Leeum tvL has surged 41% to $ 52.8 billion in 30 days, and daily transactions increase by 22% to 134 million, signing powerful network recovery.

  • The technology shows that the ETH price is facing a major resistance of $ 2,100- $ 2,800.

Ether is setting up a psychological level of $ 3,000 by restoring network activities, increasing TVL and powerful technologies.

Ether Price pursues revenue for $ 3K

ETHER (ETH) is going to end the decline in the game from mid -December after moving away from the maximum of $ 4,100 in 10 months.

Crypto Technical Analyst Mikybull Crypto shared a chart that shows that ETH prices are broken beyond six months of descending trend line, and $ 2,000 and $ 2,250 say:

“ETH is breaking up.”

The price of ether exceeded $ 1,600 on April 22, causing macroeconomic tensions to recover from the entire market.

relevant: Already in use PECTRA function: Ethereum EIP-7702 Wallet Launch

The 50 -day simple moving average (SMA) of $ 1,775 is currently supporting ether prices immediately.

The relative robbery index jumps from 56 to 66 in the last 24 hours, suggesting that rapid momentum is being picked up.

ETH/USD Maeil Daily Chart. Source: COINTELEGRAPH/TradingView

The main levels in the rising point are the $ 2,100 100 -day SMA and the supplier congestion area between $ 2,500 and $ 2,800 with 200 days SMA. Overcoming these barriers is more likely to increase the price of ETH, and $ 3,000 represents the bull’s short -term goal.

Crypto Claws said that the ETH/USD pairs were “primary for optimistic reversal and set from $ 2,500 to $ 3,500.

$ ethusd The 1D chart has been primed for huge reversal!
Potential short -term dip is $ 1450, but it’s just fuel for the next leg. Goal: $ 2500, $ 3500!
Prepare a significant price! #ETHEREUM #Bullrun2025 #crypto pic.twitter.com/mxlboirmyf

-Cryptation Chlo (@Cryptoclaws_) May 7, 2025

Meanwhile, the encryption Salamanca told X to the latest PECTRA upgrade fuel momentum that “ETH can aim for 2,150 ~ $ 2,700 in the next few weeks.”

Ether Leeum Onchain indicator shows strength

Ether Leeum remains the largest layer -1 blockchain based on the total value submerged and ranks second in the DEX volume.

Ether Lee’s TVL increased more than 41% over 30 days from $ 44.5 billion on April 9 to $ 52 billion on May 8 May.

ETH tvL and transaction number. source: Displacement

Additional positive signs include Blackrock Buidl, digital fluidized fund application, 33% increase in sparks and 25% increase in Ether.fi.

The number of daily transactions in Ether Lee has increased by 22% over the last month to 1.34 million transactions.

However, as the Etherrium fee decreased by 95% compared to the previous year, it suggests that Ether Leeum can take $ 3,000 longer than Ether Lee rose to $ 3,000.

Daily fee of Ether Leeum Network. Source: Defillama

Low trading activities in Ether Leeum reduce ETH combustion, which is a new coin published for rewards, and inflation surpasses the image mechanism of the network.

In addition, between May 5 and May 7, the US listed SPOT ETHER ETFS has earned $ 39.7 million in net leaks, but similar BTC instruments have added a recovery problem by experiencing the net inflow of $ 440 million during the same period.

This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.