Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
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

Next chapter of ecosystem support program

August 31, 2025

Kindly, MD’s $ 5B Bitcoin Play comes as DATS raises fear of wider Altcoin fluidity.

August 27, 2025

Bitcoin News Today: Ether (ETH) is 5K $ 5K and BTC Eyes is recorded as Powell Sparks Rally. DAT transaction risk: Be careful with asset managers

August 23, 2025
Add A Comment

Comments are closed.

Recent Posts

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 2025

InFocus Launches Digital Ventures Strategy With Mythos Group To Push Into Blockchain, AI And Bitcoin

September 1, 2025

WorldShards Announces Partnership With ByBit And TGE Date

September 1, 2025

EcoSync & CarbonCore Launch Full Stages Refi Infrastructure Linking Carbon Credits With Web3

September 1, 2025

NFT sales in August increased 2.78% in July 2025

September 1, 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

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025
Most Popular

Cryptocurrency set to reach 1 billion users by the end of 2025: Analyst

April 29, 2024

BlackRock’s IBIT reached $50 billion in record time as Bitcoin surpassed $100,000.

December 5, 2024

Are the days of Memes and Slerfs over? Top BOME and SLERF holders leaving for newcomers like Hump (HUMP)

April 7, 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.