Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ETHEREUM NEWS»Can Ethereum Reach $4,000? Crypto analyst says ETH rally is not over yet
ETHEREUM NEWS

Can Ethereum Reach $4,000? Crypto analyst says ETH rally is not over yet

By Crypto FlexsFebruary 27, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Can Ethereum Reach ,000?  Crypto analyst says ETH rally is not over yet
Share
Facebook Twitter LinkedIn Pinterest Email

Like Bitcoin, Ethereum The second-largest cryptocurrency token is on the rise, crossing the $3,000 resistance level for the first time since 2021. Interestingly, the cryptocurrency analyst believes the rally is far from over, highlighting the following: key price levels ETH may take a hit soon.

Ethereum could rise to $4,000.

Cryptocurrency analyst altcoin Sherpa suggested this on X (formerly Twitter). post Ethereum could rise up to $4,000. Considering cryptocurrency analyst Bitcoin Ape’s recent analysis of Ethereum from a technical analysis perspective, his prediction appears feasible.

His X post, Bitcoin Ape noted that the Average Directional Index (ADX) indicator is currently “very high,” indicating that ETH’s bullish trend is strong. In fact, this bullish momentum could be very strong, as the cryptocurrency token has since surpassed the $3,130 price level that Bitcoin Ape highlighted in his post. ETH’s new resistance level.

Interestingly, the analyst noted: Ethereum It has already faced four resistance levels in February alone, all of which have been broken so far above $3,130. Bitcoin Ape was unable to provide a near-term forecast for ETH, but expects the cryptocurrency token to hit an all-time high (ATH) of $4,891. bull running It comes back complete.

Meanwhile, Altcoin Sherpa is not the only one who believes ETH could soon rise to $4,000. There was also Standard Chartered Bank. predicted cryptocurrency token Spot Ethereum ETF It was approved in May.

Rager, a cryptocurrency analyst, also recently gave He set a short-term target of $3,500 but made optimistic predictions about the price of ETH. But he added that this price level is just the beginning and not “the peak by any means.”

Ethereum’s Rally Is Not Dependent on Bitcoin’s Success

There is reason to believe Ethereum’s current bullish momentum This is not due to Bitcoin’s price surge. This is because the Ethereum ecosystem also has a story that can lead ETH’s rally. The one is Ethereum network ‘Dencoon’ upgrade This highly anticipated event is significant as it will advance the scalability, security, and usability of the Ethereum network.

Meanwhile, we share a story. Spot Ethereum ETF Expected to be approved in May, this cryptocurrency token has created a lot of excitement among investors who have opted to double down on their investments in the second-largest cryptocurrency token in anticipation of this happening.

Growing interest in ETH is expected to trigger a significant rebound in the price ahead of the May deadline. secretary You must approve or reject it. VanEck’s Spot Ethereum ETF Application.

ETH bulls maintain hold above $3,200 | Source: ETHUSD on Tradingview.com

Featured image from Bitcoinist, chart from Tradingview.com

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Scam Markets thrives again after attempting to clean up Telegram.

June 24, 2025

Bitcoin is more than $ 104K as the merchant’s eyes move from H2 to $ 145,000.

June 20, 2025

Can Etherrium price return to $ 4,000? Analysts say that ETH should go beyond this support.

June 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Join Earn Mining To Mine Easily And Earn $7752 A Day

June 26, 2025

Bitcoin prices return to green -building exercise for more profits

June 26, 2025

Weed® Announces Partnership With Khalifa Kush; Launches Global Commercialization

June 26, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025
Most Popular

HKMA fines DBS Bank (Hong Kong) HK$10 million for AML failures

July 6, 2024

Lionscraft collaborates with stc Bahrain to develop the Web3 framework.

March 8, 2024

Infosec Basics: How to Keep Your Bitcoin Seed Phrase Safe

April 1, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.