Ethereum

<ul><li>Ethereum shows strong momentum, potentially hitting $2,950-$3,000 before major corrections.</li><li>Current support at $2,679.1 boosts Ethereum&#39;s path toward testing $2,976.7 resistance.</li><li>The long-term bullish target for Ethereum is $3,351, dependent on the market and sentiment.</li></ul>Ethereum price has seen a notable rebound following the overall crypto market recovery. Crypto analyst Vella has recently shared insights via an X post, suggesting Ethereum might climb toward the $2,950 to $3,000 range before facing any major correction.<h2 id="header-0">Market Sentiment and Future Predictions</h2>According to the analysis, Ethereum is currently positioned to potentially rise into a significant daily support/resistance level within the week. This anticipation is grounded in the current trading patterns that suggest a strong upward momentum, pushing the price closer to the targeted resistance.The detailed chart analysis underscores <a href="https://cryptotale.org/ethereum-set-for-a-potential-rally-despite-market-crash/" rel="noopener noreferrer nofollow">Ethereum&#39;s</a> movement within a robust ascending trajectory, marked by consecutive higher lows. While optimism is evident for a near-term price surge, the analysis also advises caution regarding a subsequent price correction. Such adjustments are typical following quick ascents and may offer traders strategic positions.Related articles: <a href="https://cryptotale.org/ethereum-set-for-a-potential-rally-despite-market-crash/" rel="noopener noreferrer nofollow">https://cryptotale.org/ethereum-set-for-a-potential-rally-despite-market-crash/</a>The chart highlights a significant support line extending from earlier lows, suggesting a stable ascent. Analysts point to a potential resistance near the $2,976.7 mark, which <a href="https://cryptotale.org/ethereum-price-action-faces-crucial-resistance-at-2850/" rel="noopener noreferrer nofollow">Ethereum</a> might test if the current bullish trend continues. The purple trendline underscores a consistent upward momentum, further supported by buy signals at $2,679.1.<a href="https://cryptotale.org/can-ethereum-hit-3k-amid-bullish-trends-analyst-insights/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Can Ethereum Hit $3K Amid Bullish Trends? Analyst Insights

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